The private equity firm will retain a 15.44 per cent stake in the company, which operates the Burger King brand of fast-food restaurants in the country
The stake was bought by investors including some Indian mutual funds, an Everstone spokesperson said, adding that the firm made $66 million from the sale
M&As pick up pace in Indian QSR industry amid sharp recovery in revenues
Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a 40.9 per cent stake in Restaurant Brands as of March 31, according to Refinitiv data
Private equity-backed company losses have raised concerns about its stability
The first facility to be located in Mumbai Metropolitan Region, for which land and power have been acquired, will deliver 30 Mw by 2023 and 60 Mw of IT capacity when fully developed
Grupo Bimbo is the world's largest baking company, operating in 33 countries including India, and has a diversified portfolio of over 13,000 products and 100 brands
Singapore-headquartered, India-focused PE firm Everstone Capital bought a controlling stake in Calibre, a specialty ingredients player focused on pharma, in a reported Rs 1,000-crore deal
Depending on the analyser model, a lab can report up to 2,000 results a day on a single instrument, with flexibility for facilities to add further modules to ramp up output substantially
Everstone co-founder Sameer Sain, renowned Chef Gaggan Anand and veteran journalist Vir Sanghvi to create Michelin Star-like rankings for chefs, restaurants.
With the strategic investment, Everlife plans to support CPC's manufacturing and distribution capabilities within India and South-East Asia, to become the leading IVD distributor in India
OmniActive has manufacturing facilities and R&D centres across India and Canada
We have buyout opportunities that are financially stressed, but operationally good. Such opportunities are sitting embedded across large groups. We would like to acquire them: Dhanpal Jhaveri