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McLeod Russel to sell Vietnam tea unit for USD 2.15 million, Retail News, ET Retail - Vimarsana News

McLeod Russel to sell Vietnam tea unit for USD 2.15 million, Retail News, ET Retail

McLeod Russel India Ltd., a bulk tea manufacturer, announced that it would sell Phu Ben Tea Company Ltd., its Vietnam subsidiary, for USD 2.15 million. The business would give TLK Agriculture Joint Stock Company (TLK) ownership of the entity. The company stated that the sale is anticipated to be finalised by December 24, 2023.