Senior executives from PepsiCo’s New York headquarters have recently initiated preliminary discussions with the Aggarwal family members. Haldiram Snacks Food in big demand! PepsiCo has recently joined the race to acquire a stake in Haldiram Snacks Food, following Temasek and Alpha Wave Global, who have already submitted formal proposals last month. These bidders are currently…
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…
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…
