Key Points
The discussions with Temasek come at a time when Haldiram's is exploring its growth potential and could pave the way for an initial public offering (IPO).. ...
Haldirams has attracted interest from global investors once again as Singapore state investment firm Temasek Holdings Pte is in talks to acquire a minority stake in Haldiram Snacks Pvt Ltd, reported Bloomberg..
Temasek is in preliminary discussions to buy a stake of 10% to 15% in the company, which is valued at approximately $11 billion, as per the report..
In May 2024, media reports surfaced that Blackstone, in partnership with the Abu Dhabi Investment Authority (ADIA) and Singapores GIC, submitted a bid to acquire up to 76% of Haldiram Snacks Food Pvt Ltd...
Haldirams business is divided into two main branches led by different factions of the Agarwal familyHaldiram Foods International, based in Nagpur, and Haldiram Snacks Pvt Ltd, based in Delhi...
