Grapevine: PEs, others eye Theobroma; layoffs lead to closure murmur at ReshaMandi

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At least four entities, including Switz Group and private equity firms Kedaara Capital, Carlyle, and ChrysCapital, have submitted non-binding bids for a majority stake in Indian bakery chain Theobroma, a media report said.  VCCircle first reported that US investment giant Carlyle Group, US-based General Atlantic, Advent International, and India’s ChrysCapital are evaluating investing in the bakery chain.   Non-binding bids were submitted ......