Tata Consumer, Jubilant Food eye up beleaguered Coffee Day Group's vending business - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Tata Consumer, Jubilant Food eye up beleaguered Coffee Day Group's vending business

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 Industry-Economic Times
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