India: KKR sells around 6% stake in Coffee Day Enterprises for $62m

India: KKR sells around 6% stake in Coffee Day Enterprises for $62m

Photo: Pixabay

Global private equity giant KKR has sold around 6 per cent stake in Coffee Day Enterprises, which operates the Cafe Coffee Day chain of cafes, for Rs 405 crore (around $62 million) through open market transactions.

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