KKR, Apax Partners in race to buy significant stake in CCD

KKR and Apax Partners are now conducting due diligence of the coffee chain as they are the only ones left in the race for stake in CCD. "After an analysis, the company (CDEL) had arrived at an amount that needs to be invested if CCD were to survive and those who opted out were not willing to commit the requisite amount," said a person involved.

from Markets-Economic Times https://ift.tt/378xC5W