Haldiram's Snack Business Attracts Global Investment as Temasek Leads Bid for Minority Stake

Global investment interest in Haldiram Snacks Foods Private Ltd has just gained an emerging frontrunner in the Singapore-based investment firm Temasek, who would acquire a minority stake in the company. This term sheet, signed after more than 18 months of negotiation, means it is effectively a pre-IPO deal valuing the company at between $10 billion and $11 billion. Temasek plans to acquire less than a 10% stake in this Indian snack brand famous for its bhujia and other products. The deal has further underlined the growing appeal of India's snack market among international investors.

Source: Moneycontrol.Global investment interest in Haldiram Snacks Foods Private Ltd has just gained an emerging frontrunner in the Singapore-based investment firm Temasek, who would acquire a minority stake in the company. This term sheet, signed after more than 18 months of negotiation, means it is effectively a pre-IPO deal valuing the company at between $10 billion and $11 billion. Temasek plans to acquire less than a 10% stake in this Indian snack brand famous for its bhujia and other products. The deal has further underlined the growing appeal of India's snack market among international investors.

Global investment interest in Haldiram Snacks Foods Private Ltd has just gained an emerging frontrunner in the Singapore-based investment firm Temasek, who would acquire a minority stake in the company. This term sheet, signed after more than 18 months of negotiation, means it is effectively a pre-IPO deal valuing the company at between $10 billion and $11 billion. Temasek plans to acquire less than a 10% stake in this Indian snack brand famous for its bhujia and other products. The deal has further underlined the growing appeal of India's snack market among international investors.

Source: Moneycontrol.Global investment interest in Haldiram Snacks Foods Private Ltd has just gained an emerging frontrunner in the Singapore-based investment firm Temasek, who would acquire a minority stake in the company. This term sheet, signed after more than 18 months of negotiation, means it is effectively a pre-IPO deal valuing the company at between $10 billion and $11 billion. Temasek plans to acquire less than a 10% stake in this Indian snack brand famous for its bhujia and other products. The deal has further underlined the growing appeal of India's snack market among international investors.

Global investment interest in Haldiram Snacks Foods Private Ltd has just gained an emerging frontrunner in the Singapore-based investment firm Temasek, who would acquire a minority stake in the company. This term sheet, signed after more than 18 months of negotiation, means it is effectively a pre-IPO deal valuing the company at between $10 billion and $11 billion. Temasek plans to acquire less than a 10% stake in this Indian snack brand famous for its bhujia and other products. The deal has further underlined the growing appeal of India's snack market among international investors.

Source: Moneycontrol.