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Burger King Stake to be Acquired by General Atlantic, Advent from Everstone: Report

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Yondr, Everstone form JV to invest over $1 bn for setting up, operating data centres in India

Yondr, Everstone form JV to invest over $1 bn for setting up, operating data centres in India
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Mexican baking major Grupo Bimbo buys bread brand Modern Foods from Everstone

Updated Feb 25, 2021 | 11:02 IST Grupo Bimbo is the largest baking company in the world, operating in 33 countries, including in India, and has a diversified portfolio of over 13,000 products and more than 100 brands. Mexican baking major Grupo Bimbo buys bread brand Modern Foods from Everstone. (Photo courtesy: company website) Mumbai: Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum. Everstone in a statement on Wednesday said that Modern Food Enterprises, which was held by its bread and bakery platform Everfoods Asia, was sold to Ready Roti India, the domestic subsidiary of the Mexican major.

India generalNew delhiTamil naduRoshini bakshiEverfoods asiaFood industriesFood enterprisesGrupo bimboModern foodsEverstone capitalHindustan unileverModern food enterprisesReady roti indiaModern bakeriesModern foodSingapore based everstone

Italian baking major Grupo Bimbo snaps up Modern Foods from Everstone

Italian baking major Grupo Bimbo snaps up Modern Foods from Everstone Everstone in a statement on Wednesday said that Modern Food Enterprises, which was held by its bread and bakery platform Everfoods Asia, was sold to Ready Roti India, the domestic subsidiary of the Italian major. Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Italian baking major Grupo Bimbo for an undisclosed sum. Everstone in a statement on Wednesday said that Modern Food Enterprises, which was held by its bread and bakery platform Everfoods Asia, was sold to Ready Roti India, the domestic subsidiary of the Italian major.

India generalNew delhiTamil naduRoshini bakshiEverfoods asiaFood industriesFood enterprisesEverstone capitalModern foodsHindustan unileverGrupo bimboModern food enterprisesReady roti indiaModern bakeriesModern foodSingapore based everstone