{"id":404,"date":"2006-08-25T10:47:07","date_gmt":"2006-08-25T05:17:07","guid":{"rendered":"http:\/\/www.chiragmehta.info\/chirag\/2006\/08\/25\/tatas-buy-fancy-watermaker-for-677m\/"},"modified":"2006-08-25T10:47:07","modified_gmt":"2006-08-25T05:17:07","slug":"tatas-buy-fancy-watermaker-for-677m","status":"publish","type":"post","link":"https:\/\/www.chiragmehta.info\/chirag\/2006\/08\/25\/tatas-buy-fancy-watermaker-for-677m\/","title":{"rendered":"Tatas buy fancy watermaker for $677m"},"content":{"rendered":"<p>In  what is the <strong>largest Indian acquisition abroad so far<\/strong>,<strong> Tata Sons and Tata Tea <\/strong>have signed a definitive agreement to acquire a<strong> 30% stake in US-based enhanced water maker Glaceau<\/strong>, with an investment <strong>of $677 million<\/strong>.<\/p>\n<p>The stake is being bought in <strong>Energy Brands Inc, which owns Glaceau<\/strong>, from US-based leading private equity firm TSG Consumer Partners.<\/p>\n<p>Glaceau products fall in the<strong> health and wellness category <\/strong>and its brands include nutrient-enhanced Vitaminwater, electrolyte-enhanced Smartwater and flavour-enhanced Fruitwater.<\/p>\n<p>Energy Brands sells<strong> five million bottles <\/strong>of Glaceau water products daily, and the investment brings the <strong>Tata group in direct competition with PepsiCo Inc<\/strong>, which is the US leader in non-soda sales, with 49% of the market. Arch rival Coca-Cola has a 25% share. <\/p>\n<p><a href=\"http:\/\/www.dnaindia.com\/report.asp?NewsID=1049021\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what is the largest Indian acquisition abroad so far, Tata Sons and Tata Tea have signed a definitive agreement to acquire a 30% stake in US-based enhanced water maker Glaceau, with an investment of $677 million. The stake is being bought in Energy Brands Inc, which owns Glaceau, from US-based leading private equity firm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[8,13],"class_list":["post-404","post","type-post","status-publish","format-standard","hentry","tag-india","tag-tata","post-preview"],"_links":{"self":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts\/404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/comments?post=404"}],"version-history":[{"count":0,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts\/404\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/media?parent=404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/categories?post=404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/tags?post=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}