Thursday, September 24, 2020

Tatas, Jubilant eye CCD vending biz

Tata Group, India’s biggest conglomerate, and Jubilant Food-Works (which owns the franchise for Domino’s and Dunkin’ Donuts in India), are weighing a bid for Coffee Day Group’s hot beverage vending machine business, said people with knowledge of the matter. ​​The beleaguered Coffee Day Group is seeking Rs 2,000 crore for the business, which has piqued the interest of marquee global private equity funds too.

from Times of India https://ift.tt/3kOKlBg

No comments:

Post a Comment

"We'll Cross The Bridge When We Get There": S Jaishankar On 500% Tariff Threat Over Russian Oil

India is engaging with American lawmakers over concerns surrounding a new Russia sanctions bill introduced in the US Congress, Foreign Minis...