Blackstone eyes 20% stake in Haldiram's at $8-bn valuation: Report

Blackstone plans to acquire a 20% stake in the snacks business of Haldiram's at a $8 billion valuation, lower than the 75% stake it earlier planned to buy. Haldiram's, however, is seeking a valuation of $12 billion, Reuters reported. Bain Capital, Singapore's Temasek and Abu Dhabi Investment Authority are reportedly also interested in buying a minority stake.