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KKR, Apax Partners in race to buy significant stake in CCD

KKR, Apax Partners in race to buy significant stake in CCD

Thursday, December 26, 2019, 7:34 AM

Private equity firms KKR and Apax Partners are the only ones left in the race for a significant stake in Cafr Coffee Day (CCD), as three others including Oyo have backed out after showing early interest, three people familiar with the matter said. KKR and Apax Partners are now conducting due diligence of the coffee chain, the people said.
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