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Coffee Day Enterprises appoints IDFC Securities as advisor to identify strategic options

09 Sep 2019 Evaluate

Coffee Day Enterprises has appointed IDFC Securities as an advisor to identify strategic options and advise it on refinancing of existing debt. Strategic options include divestment of stake in Coffee Day Global and other group company.

Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.

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