Haldiram's, a prominent food producer and restaurant operator, is considering an initial public offering (IPO) as discussions for a potential sale to foreign investors have stalled, according to Bloomberg. The Agarwal family, which owns Haldiram's, is weighing the IPO option after bids ranging from $8 billion to $8.5 billion did not meet their valuation expectations, sources say.
#HaldiramIPO: The IPO is being considered by Agarwal family “as bids in the region of $8 billion to $8.5 billion didn’t meet its valuation expectations." Read more: https://t.co/yB7SxnRtq2
Snack maker #Haldiram’s said to weigh IPO as sale talks stall https://t.co/bDZCJRwfUR
Haldiram's is reportedly considering an initial public offering (IPO) as discussions for a potential sale come to a standstill, according to Bloomberg.
Haldiram's weighs IPO as sale talks stall - Details https://t.co/xDSzpVN7bU
The owners of Haldiram Snacks are exploring a possible IPO for the food producer and restaurant operator as plans to sell it to foreign investors have stalled, sources say https://t.co/ieBpcCOOIq
Sources Say | Haldiram's weighs IPO as sale talks stall https://t.co/tfCV6mQVWf