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Private Equity | 20 November 2012

Lavazza Set To Rejig Coffee Chain Barista: May Sell Or Rope In Partner

by Paritosh Gajjar
 
@Paritosh
The after-effects of coffee chain giant - Starbucks entering India is felt as Italian firm Lavazza plans to rope in a strategic partner.

ET also added that the company is in the process of scouting for an outright buyer for Barista or a possible strategic investor.

However a Lavazza representative mentioned India as an important location and waived off intentions of moving out from the country.

Polaris Plans To Divest IdenTrust Biz

Polaris Financial technology is planning to divest the business of American company – IdenTrust Inc which it acquired last April.According to BSE filings, the business of IdenTrust Inc is classified by the US Government as critical to its security infrastructure. The technology and ...

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Aditya Birla PE To Invest In CIBIL

Aditya Birla Private Equity is planning to acquire 10% stake in credit information services provider Credit Information Bureau (India) Limited (Cibil) for a consideration of INR 1200 Mn.

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