trending Market Intelligence /marketintelligence/en/news-insights/trending/8VKu49XlbKuVbZJiRbWMRA2 content esgSubNav
In This List

Report: TPG in preliminary talks to purchase Café Coffee Day chain owner

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


Report: TPG in preliminary talks to purchase Café Coffee Day chain owner

TPG Capital Management LP is in initial discussions with Coffee Day Global Ltd. to acquire the India-based Café Coffee Day chain owner, The Economic Times (India) reported, citing two people familiar with the development.

The exploratory-stage talks may not result in a transaction, according to the report.

A TPG spokesperson did not comment on the matter, while Coffee Day Global subsidiary Coffee Day Enterprises Ltd. did not respond to queries, the report noted.

In June, it was reported that soft drink giant Coca-Cola Co. was in exclusive talks to buy a significant interest in the coffee chain.