Did Standard Chartered PE Screw Qatar’s Hassad Food on Bush Foods Overseas Deal?

Posted on 01/20/2020


In 2013, Hassad Food Company Q.S.C., a food company owned by the Qatar Investment Authority (QIA), acquired a 69.5% stake in India-based Bush Foods Overseas for US$ 120,340,000 from Standard Chartered Private Equity (SCPE) and Ritika Awasty, according to a court complaint. Virkaran Awasty held his stake in Bush Foods and remained as CEO. Bush […]