McLeod Russel

McLeod Russel Sells 12 Assam Tea Estates

McLeod Russel, the largest tea plantation company in the world, announced the sale of 12 estates in eastern Assam last week, continuing a decade long pattern of divestment by multinationals. The memorandum of understanding is subject to regulatory approvals, which are expected in the next few weeks. These are large estates producing a combined...