KKR Partially Exits Coffee Day for US$62 Million (Asia)

Source(s): National Stock Exchange

Global alternative investment firm KKR has partially exited its stake in India-listed coffee shop operator Coffee Day Enterprises. KKR, which originally invested in the company in 2010, sold a total of 12.5 million shares for INR4.05 billion (approximately US$62 million) on the open market.