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MARKET PULSE · India

Bodhi Tree invests US$180 million for majority stake in A2B

Bodhi Tree Systems agreed to invest US$180 million for a majority stake in Indian vegetarian restaurant and sweets chain Adyar Ananda Bhavan. A2B operates 160 outlets in India and more than 30 overseas; the exact stake was not disclosed.

By F&BSG Editorial · F&BSG edition · Original source: Reuters · Source published

What happened

Bodhi Tree Systems agreed to invest US$180 million for a majority stake in Indian vegetarian restaurant and sweets chain Adyar Ananda Bhavan. A2B operates 160 outlets in India and more than 30 overseas; the exact stake was not disclosed.

Source and editorial note

This is F&BSG’s summary of reporting by Reuters. Read the original source for the full context and any subsequent updates.

Read the original at Reuters ↗

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