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McLeod Russel India Ltd., a bulk tea manufacturer, announced that it would sell Phu Ben Tea Company Ltd., its Vietnam subsidiary, for USD 2.15 million. The business would give TLK Agriculture Joint Stock Company (TLK) ownership of the entity. The company stated that the sale is anticipated to be finalised by December 24, 2023. ....
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McLeod Russel India Ltd., a bulk tea manufacturer, announced that it would sell Phu Ben Tea Company Ltd., its Vietnam subsidiary, for USD 2.15 million. The business would give TLK Agriculture Joint Stock Company (TLK) ownership of the entity. The company stated that the sale is anticipated to be finalised by December 24, 2023. ....
Carbon Resources had previously made a non-binding offer to McLeod Russel s lenders to acquire a controlling stake in the tea company and settle its dues. The Kolkata-based carbon products manufacturer had sent a Rs 1,245-crore non-binding offer to lenders. ....