Temasek Set To Make Waves With 15% Stake Acquisition In Haldiram's—What This Game-Changing Deal Could Mean For The Snack Giant | Paisa Live
Singapore-based investment firm Temasek Holdings is reportedly looking to acquire a 10-15% stake in Haldiram's, one of India's leading snacks and food companies. If this deal goes through, Haldiram's market valuation could soar to approximately $11 billion. However, rather than seeking full ownership, Temasek plans to partner with Haldiram's. This strategic partnership could significantly aid Haldiram's in expanding its market presence and may potentially pave the way for the company to launch its Initial Public Offering (IPO) in the near future. The collaboration could enhance Haldiram's operational capabilities and accelerate its growth trajectory in the competitive food industry, making it a notable development in India's snack market landscape.