Private equity firm Kedaara Capital is in advanced talks to buy a stake in Micro Plastics Pvt. Ltd, a contract manufacturer of toys for companies such as Walt Disney & Co. and Hasbro Inc., three people familiar with the matter said on condition of anonymity. Veda Corporate Advisors, a boutique investment bank, is advising the company on the stake sale, said one of the three people mentioned above, adding that the company is looking to sell a significant minority stake. Talks with Kedaara are at an advanced stage, he said.
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