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