INDIA. Travel dining specialist SSP Group, alongside Indian joint-venture partner K Hospitality Corp, has announced a planned initial public offering (IPO) for Travel Food Services (TFS) in its home market of India. TFS is the leading player in the fast-growing airport quick service restaurant and lounge sectors in that market.
SSP and K Hospitality Corp will both act as Promoters of the planned IPO. Subject to regulatory approval, the pricing and completion is targeted to be in Spring 2025.
SSP and K Hospitality Corp said they have built “a very strong partnership since the creation of the TFS joint venture and both partners…
