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Our Bureau

Mumbai June 6 Tata Tea's open offer for 20 per cent stake in Mount Everest Mineral Water Ltd will open on July 27 this year.

The specified date for the offer is July 4.

Tata Tea had last week announced the acquisition of a 24 per cent stake in Mount Everest for Rs 110 crore. Mount Everest is the manufacturer of the Himalayan brand of mineral water.

The open offer is subsequent to this acquisition, and has been priced at Rs 140 per share. DSP Merrill Lynch will be the manager to the offer.

More Stories on : Open Offers | Tea | Water | Tata Tea Ltd

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Tata Tea open offer for Mount Everest from July 27

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