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…