Bodhi Tree to acquire majority stake in A2B for $180m

GreyOak summary

Bodhi Tree Systems, led by James Murdoch and Uday Shankar, agreed to invest $180 million to acquire a majority stake in Adyar Ananda Bhavan (A2B). This deal values A2B at approximately $350 million and marks Bodhi Tree's entry into the food services sector. The partnership aims to expand A2B's global presence and prepare the company for a potential future stock market listing.