India Digest: Emami looks to exit cement biz, Coca-Cola eyes CCD; Dhanuka-Orchid in M&A news

India Digest: Emami looks to exit cement biz, Coca-Cola eyes CCD; Dhanuka-Orchid in M&A news

Photo by Fabian Blank on Unsplash

The Emami Group is in discussions with private equity funds to sell its stake in the cement business, while Coca-Cola is in early talks to acquire a significant stake in Café Coffee Day (CCD). In another development, NCLT has cleared Dhanuka’s bid for Orchid Pharma.