💨 Abstract

Blackstone is negotiating to buy a 20% stake in Haldiram’s snacks business, valued at $8 billion, but the deal is stalled due to valuation differences. Haldiram’s, a popular Indian snack producer, has a market share of almost 13% in the $6.2 billion savory snacks market. Other potential investors include Bain Capital, Temasek, and Abu Dhabi Investment Authority.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖