💨 Abstract

Singapore's Temasek has acquired a near 10% stake in Haldiram's snacks business for around $1 billion. The deal, which was signed after months of negotiation, is considered a prized asset by Temasek to expand its focus on India's consumer sector. Haldiram's holds a near 13% share of India's $6.2 billion savory snacks market.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖