Haldiram in demand! Three suitors eye minimum 15% at $9 billion valuation in snack maker; Agarwal family eyes $10 billion tag – Times of India

The Haldiram founding family has been considering various strategic alternatives. Haldiram in demand! Alpha Wave Global, formerly Falcon Edge and a Tiger Global Management spinoff, has submitted a binding proposal to acquire a portion of Haldiram Snacks Food, India’s premier snack and convenience foods manufacturer. According to informed sources, this transaction could rank amongst India’s…

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Haldiram Snacks gets bid from world’s largest PE fund Blackstone-led consortium; valuing business at $8.5 billion – Times of India

A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according…

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