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Tata Coffee gets nod for merger of Alliance Coffee with itself

01 Oct 2013 Evaluate

Tata Coffee has received an approval for the draft scheme of merger pertaining to Alliance Coffee with itself. The scheme was tabled before the board of directors meeting convened on May 24, 2013. The proposal was recommended by the Audit Committee and was approved.

Tata Coffee is arguably the largest integrated coffee plantation company in the world. The company has a hand in every aspect of the coffee making process, with business activities ranging from growing and curing of coffee and tea to the manufacture and marketing of value-added coffee products.

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