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| 12dBlackstone, Temasek, Bain eye a big bite of Haldiram Snacks
Private equity firms Blackstone, Temasek Holdings, and Bain Capital are reportedly considering acquiring a controlling stake in Haldiram Snacks Food. They are looking to purchase at least 51% of the sweets-and-savouries maker at a valuation of $8-10 billion. This potential deal is seen as a sign of confidence in the brand's growth prospects, and the end goal is to eventually list the business. Haldiram has a strong presence in India and exports to over 100 countries, offering a variety of snacks, namkeen, sweets, and more.
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