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CCI Greenlights KKR's Stake Acquisition in Rebel Foods

  • The Competition Commission of India approved KKR's proposal to acquire shares and CCPS in Rebel Foods through a secondary transaction.
  • KKR plans to buy shares worth $50-$75 Mn from existing investors at a valuation of $800-$860 Mn.
  • Rebel Foods recently raised $210 Mn in Series G funding, cutting its net loss by 42% in FY24.

Source: Inc42

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2mo ago
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