Theoprom must be sold to Chryskapial for 2,410 rupees: Report

A chain of general bakery of the beloved Indian bakery, thybroma, is likely to be sold by the promoters of the Chryscapital local private stock company. The company is expected to buy a 90 percent stake in the company’s promoters and the current ICici Venture in a deal worth 2410 rupees. ICici Venture currently has 42 percent of Theobroma, which I bought for 130 rupees in 2017.

According to a report in economic times, promoters will retain 10 percent. The report added that the talks that resumed Chryskapial to acquire Theopruma are less than the original evaluation of 3000 rupees, which were requested by the founding family and other shareholders.

The talks were delayed due to the weak financial results of Pyberoma. Now, the official announcement is expected to take place within a few weeks. Theobroma also explores the possibility of a preliminary general offer but declined due to market fluctuations.

According to the report, other competitors, including Bain Capital, Carlyle, and Switz Group, which manages the Monginis Baker series, showed initial interest in Theobroma.

The ChryscaPital deal comes amid its plans to create a fast -service restaurant platform (QSR) by buying trademarks such as Theobroma and Belgian Wafle Co.

Theobroma currently has 200 stores in 30 cities. It started in 2004 by the Kinaz Misman Harshandri and Tina Mayssaman Weeks. Their first port at CULEBA CAUUAWAY came in Coleba Ceeway in Mumbai. The bakery chain is famous for a set of delicious midwives, including cakes, cakes, sweets, chocolate, bread and other snacks.