India: PE firm Blackstone’s buyout of Coffee Day’s tech park stalls

India: PE firm Blackstone’s buyout of Coffee Day’s tech park stalls

The share sale would close on 16 October. Photo: Beenu Arora/Mint

Beleaguered Coffee Day Enterprises Ltd.’s sale of its technology park to Blackstone Group Inc. is stalled as one of its creditors hasn’t approved the deal, people with the knowledge of the matter said.