A delegation of Tetley executives is expected to meet top Tata executives today to arrive at a final decision on Tata Tea's bid to take over the Tetley brand.
Two top Tetley executives, Ken Pringle and Peter Unsworth, flew in by the British Airways flight late last night and will meet Tata executives today to arrive at a `binding' price for the proposed takeover.
The deal is expected to be closed in the next couple of days, industry sources told Business Standard.
Tata Tea has emerged as the sole bidder for the world famous tea brand. The Tata group had earmarked around