Bidding War For Haldiram's Snacks Food: Why Are Foreign Investors Investing In Indian Snack Maker

#haldiramnamkeen #haldiram #foreigninvestment #indiansnaks
#snackmarket #businessnews
Haldiram, an 87-year-old Indian snack behemoth, finds itself at the center of an intense ownership battle, attracting global private equity giants vying for a majority stake. This battle signifies a potential record acquisition in Indian corporate history, with companies teaming up to acquire a 76% controlling share. Major players like Blackstone, ADIA, GIC, Bain Capital, and Temasek are in the fray, reflecting the magnitude of interest in Haldiram's renowned brand. Meanwhile, the Indian snacks market is booming, with a projected 12% CAGR driven by changing lifestyles, rising income levels, urbanization, and product innovation. Notably, the buzz for Indian snacks is growing globally, with foreign investors drawn to the rising demand for regional and spicy profiles.
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: www.businesstoday.in
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: / businesstoday
twitter: / business_today
Instagram: / business_today