Oyo, Apax join race for significant stake in CCD

The company in August had launched a coffee chain – The French Press. SoftBank-backed Oyo is looking to expand in the café business for some time, and CCD’s already established outlets across 200 cities could be a major boost. Oyo is the only strategic investor — in a similar line of business — to have submitted a bid.

from Markets-Economic Times https://ift.tt/2rj6T74