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PE firm Advent shortlists buyers to sell stake in 'Crax' maker DFM Foods - The Economic Times

Advent International has shortlisted Partners Group, ChrysCapital and EQT to sell its 96.63% stake in Crax maker DFM Foods, with ITC and Goldman Sachs also in contention at a valuation of ₹4,000-4,200 crore. Balaji Wafers and other strategic bidders have exited amid concerns over the steep valuation.

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