US-based investment management firm Alpha Wave Global has reportedly offered over $1 billion to acquire a minority stake in Haldiram's Snacks Food, India's largest snack and convenience food company.
Haldiram, the iconic food brand, is now well-known across the country. Its outlets consistently draw massive crowds. But did you know who founded the business and how it grew into an empire worth ...
Blackstone leads Haldiram bid: Blackstone has emerged as the leading bidder in negotiations to acquire a 20 per cent stake in Haldiram Snacks, with a potential deal valued at around $1.6 billion ...
Haldirams will now be available for sale in the US, through Amazon’s Global Selling Program. For Haldirams, the US was already a big market forming 40% of its annual revenues from offline exports.
PepsiCo has entered the competition to acquire a minority stake in Haldiram Snacks Food, as the global snack giant has initiated talks with the Aggarwal family, as per an Economic Times report.