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Big PE fund eyes a historic ₹50,000+ Cr buyout deal for Haldiram's
short by System User / on Wednesday, 15 May, 2024
Haldiram's, the iconic 87-year-old snack brand, is in talks for a monumental acquisition. Valued between ₹66,400-70,500 crore, the Blackstone-led consortium's offer ranges from ₹49,136-53,580 crore. This could mark India’s largest private equity buyout, potentially transforming Haldiram’s global snack empire. CEO KK Chutani recently merged its Delhi and Nagpur branches.
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