Last month, the snack maker had received bids from two consortiums, but the deals did not match the company’s valuation expectations.
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Hyderabad-based CCL Products has helped most Indian coffee startups find their feet by supplying instant coffee to them. Can it do the same for itself?
Last valued at upwards of $2 billion, the beauty and home services business gearing up for an IPO is too small and too susceptible to market challenges. Its draft papers are worth a look.
The consumer goods giant’s performance has been in a funk for a long time. Fund managers need to stop giving it a long rope.