Blackstone, Salarpuria acquire Coffee Day’s Park for ₹2,500 cr

Blackstone, Salarpuria acquire Coffee Day’s Park for ₹2,500 cr

Blackstone and Salarpuria Sattva completed the acquisition of Coffee Day Enterprises’ Global Village Tech Park in Bengaluru for ₹2,500 crore in March 2020, marking a pivotal deal amid the company’s financial distress.​ Deal Background Coffee Day Enterprises, reeling from founder V.G. Siddhartha’s suicide in July 2019 and mounting debts, approved the sale of the 90-acre […]