Luthra advises on ICICI Venture investment in food franchise in India
The private equity arm of ICICI Bank - ICICI Venture - has acquired a minority stake in RJ Corp's Devyani International, which runs KFC, Pizza Hut and Costa Coffee chains in India, for approximately Rs. 150 crore ($33 million). Luthra & Luthra advised Devyani with a team led by Managing Associate Nivedita Tiwari and including Senior Associate Vaibhav Kakkar. ICICI Venture was advised by their in-house counsel.
Luthra advises on ICICI Venture investment in food franchise in India
barandbench.com
Tue, May 31, 2011