NEW DELHI: India-based fast food chain Wow! Momo has sold a 15 per cent stake to Malaysia’s sovereign wealth fund Khazanah Nasional Bhd for 3.5 billion rupees (US$42 million), Indian media reported on Tuesday.
It raised another 600 million rupees (US$7.2 million) from Indian investment firm, OAKS Asset Management (RM1=US$4.692).
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