Private equity investors have long been interested in a deal with Haldiram's, with Kellogg's and Pepsi also holding discussions previously. Blackstone and Bain are now in talks for an $8.5 billion valuation. A consortium including Blackstone, Singapore state fund GIC, and Abu Dhabi Investment Authority is also in discussions with Haldiram's for a majority stake.
Foreign Attempt To Buy India's Haldiram's. Offer - USD 8.5 Billion For 76% https://t.co/1XW6LNYZFv https://t.co/ySdOhciBgn
Haldiram's: the Indian snack maker eyed by foreign investors https://t.co/0madvBaTAH https://t.co/w6vP28Jvgb
Haldiram's, The Snack Maker Eyed By Foreign Investors https://t.co/IyX55uPbsj
Blackstone-led consortium eyes snacks business of India's Haldiram's, sources say https://t.co/J3OM0hgFED https://t.co/zNlWtWZ2XA
⚠️ BLACKSTONE-LED CONSORTIUM EYES SNACKS BUSINESS OF INDIA'S HALDIRAM'S, SOURCES SAY Full Story → https://t.co/vk6057C0pN A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India's Haldiram's for a majority… https://t.co/jxCHnmnNnL
Haldiram Snacks on sale? Know latest development https://t.co/oOvrzLCrF6
Haldiram's on sale? Know latest development https://t.co/oOvrzLCZuE
A deal with Haldiram's has been fancied by PE investors for more than a decade. Every 2-3 years there is a new suitor and a process. But a deal never happens. Kellogg's and Pepsi have also held discussions Now it's Blackstone & Bain at $8.5 bn valuation, ET reports https://t.co/GzNYdkfNXk
India tech investor: “Large outcomes in India consumer are limited, if at all any” Haldiram’s: Hold my bhujiya https://t.co/7f2ANGwLpV