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Tata Coffee shares surge 4% on proposed merger with Tata Consumer Products
Tata Coffee shares surge 4% on proposed merger with Tata Consumer Products
Tata Coffee shares surge 4% on proposed merger with Tata Consumer Products
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|Trade Brains|a year ago

Tata Coffee Ltd shares jumped 4% after proposing a merger with parent company Tata Consumer Products Ltd. The shares have delivered over 40% return to shareholders YTD. The merger will dissolve Tata Coffee Ltd from January 1, 2024, with the plantation unit being demerged and amalgamated into TCPL Beverages and Food.

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