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Coffee chain Barista is on the look out for a strategic investor. The initiator of coffee chains in the country is now charting out aggressive expansion plans. Though the group wishes to retain management control, it is looking towards partial dilution of its equity holding. The new investor would primarily be inducted for the group’s investment purposes. At pre- sent, the coffee chain is owned by an NRI – C. Sivasankaran, who is famous for buying sick or ailing companies, then turning them around and selling off for a huge profit. So, it would not be a surprise to see that the supposed strategic investor turns out to be the new owner too.For More IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri
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