9 Acquisitions By Which Ratan Tata Took His Clan Global

2. Company: Daewoo Motors
Country: South Korea
Year: 2004
Worth: $102 Million.

Tata Motors acquired South Korea based Daewoo Motors for approximately $102 million in the year 2004. After the acquisition the then Chairman Ratan Tata said, "This is a major step for Tata Motors and a milestone for the group in its quest for globalization. I am confident that both companies will derive considerable benefits from this arrangement,'' reported Business Line.

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3. Company: NatSteel
Country: Singapore
Year: 2005
Worth: $365 Million

In August 2004, Tata Steel agreed to acquire the steelmaking operations of the Singapore-based NatSteel for $486.4 million in cash. The acquisition was completed in February 2005. The acquisition provided Tata Steel a proper kickoff in key Asian growth markets.

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