Tata May Merge Its Food Businesses Into Single Firm: Bloomberg Exclusive

Tata May Merge Its Food Businesses Into Single Firm: Bloomberg Exclusive
An employee places cups of freshly-brewed coffee on a counter for customers. (Photographer: Simon Dawson/Bloomberg)

Tata Group is considering a proposal to merge its food and beverage businesses into a single company, Bloomberg reported citing people with knowledge of the matter.

The country's biggest conglomerate is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and merging them with Tata Global Beverages Ltd., the people told Bloomberg. It may also merge Tata Coffee Ltd. with the beverages company.

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