Login

News on Medial

🔥 6 people are talking about this

’Largest private equity buyout in India’: Blackstone in advanced talks to acquire controlling stake in Haldiram’s

LivemintLivemint · 4m
’Largest private equity buyout in India’: Blackstone in advanced talks to acquire controlling stake in Haldiram’s

Private equity firm Blackstone is reportedly in advanced talks to acquire a controlling stake in Haldiram's, India's largest family-run snacks business. Blackstone, along with its partners Abu Dhabi Investment Authority and Singapore's GIC, has been in negotiations with the Haldiram Agarwal family for several months. The deal, valued at up to ₹70,000 crore, would potentially make it the largest private equity buyout deal in India. However, differences in company valuation and the family's desire to retain a larger share of the business have reportedly delayed the negotiations. Haldiram's has also received bids from Bain & Co. and Temasek Holdings.

14
1
2
View Source

Comments

charmi shah
charmi shahAnalytical mind, strategic vision, tech-....

Woww that's huge deal.

Reply
0
4 months ago

More Like this

Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

Multiples PE eyes Ebco; GIC, ADIA join PE consortium for Haldiram deal

Multiples PE eyes Ebco; GIC, ADIA join PE consortium for Haldiram deal

Blackstone makes move for ₹40,000 crore entry into Indian snacks market, to acquire 51% stake in Haldiram’s: Report | Mint

Blackstone makes move for ₹40,000 crore entry into Indian snacks market, to acquire 51% stake in Haldiram’s: Report | Mint

Blackstone enters Indian healthcare services with Care Hospitals buy

Blackstone enters Indian healthcare services with Care Hospitals buy

Grapevine: Zydus joins Torrent in race for JB Chemicals; The New Shop eyes 24Seven

Grapevine: Zydus joins Torrent in race for JB Chemicals; The New Shop eyes 24Seven

Advent International to invest $296 mn in Apollo Hospital unit

Advent International to invest $296 mn in Apollo Hospital unit

Bharti Airtel in talks with Vodafone for majority stake in Indus Towers: Report

Bharti Airtel in talks with Vodafone for majority stake in Indus Towers: Report

Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Blackstone holds initial talks with Disney for stake in India arm

Blackstone holds initial talks with Disney for stake in India arm

Exclusive: PE firm to lead majority stake buy of NephroPlus

Exclusive: PE firm to lead majority stake buy of NephroPlus

Download the medial app to read full posts, comements and news.