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ITC, Asia's Top Cigarette Maker, Considers Stake In Coffee Day: Report

Coffee Day has about 1,700 outlets, ten times more than what Starbucks Corp. runs in India.
Coffee Day has about 1,700 outlets, ten times more than what Starbucks Corp. runs in India.
ITC Ltd., Asia's largest cigarette maker by market value, is considering a bid to buy a stake in Coffee Day Enterprises Ltd. as it seeks to diversify away from tobacco products, according to people familiar with the matter.
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