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Temasek emerges as sole contender for $100 million Blue Tokai stake

Temasek has emerged as the sole contender to acquire a $100 million stake in Gurugram-based Blue Tokai Coffee Roasters, according to three people familiar with the matter.

ETERNAL

Mumbai, Sept. 7 -- Singapore's Temasek has emerged as the only bidder for a $100 million stake in Gurugram-based Blue Tokai Coffee Roasters, three people familiar with the matter said. The development comes two months after Mint first reported that the company had initiated preliminary discussions.