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Edelweiss fund makes 3.5x returns on its 4-year old bet in KFC operator

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Edelweiss fund makes 3.5x returns on its 4-year old bet in KFC operator
Credit: 123RF.com

Homegrown private equity fund Edelweiss has clocked around 3.5 times returns on an around four-year old bet by selling partial stake in Pizza Hut and KFC-operator, Sapphire Foods India Ltd making over Rs 530 crore (around $66.5 million), two people confirmed requesting anonymity.  The total sale by the Edelweiss Crossover Opportunities ......

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