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Bain in talks to buy ice cream maker Vadilal at ₹3,000 crore value: Report
short by Hiral Goyal / on Monday, 10 July, 2023
Bain Capital has reportedly shown a buyout interest in homegrown ice cream maker Vadilal, according to CNBC-TV18. It is reportedly looking to buy a controlling stake in the combined entity of Vadilal Industries, Vadilal Enterprises and Vadilal brand. The deal talks are said to value Vadilal at ₹3,000 crore. Shares of Vadilal jumped 14% on report of Bain's buyout interest.
read more at CNBC-TV18