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Mumbai | New Delhi: Homegrown private equity firm ChrysCapital has agreed to acquire pan-India bakery chain Theobroma Foods for ₹2,410 crore, said people with knowledge of the matter. According to an agreement signed between the parties, ChrysCapital will buy around 90% stake from the company's promoters and existing investor ICICI Venture. The promoters will retain about a 10% stake, the people said. ICICI Venture holds a 42% stake in Theobroma. In 2017, ICICI Venture bought the stake for $2 ...Read More >
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