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Haldiram Aims To Speed Growth With Temasek Backing
Mint New Delhi
|March 31, 2025
Snacking and sweets company Haldiram Snacks Food Pvt. Ltd has entered into an agreement with Singapore-headquartered global investment firm Temasek, the deal's financial advisor said on Sunday.
PwC Investment Banking team acted as the exclusive financial advisor to the transaction, while Khaitan & Co. acted as the legal advisor.
Temasek agreed to acquire a 10% stake for ₹8,500 crore in Haldiram Snacks Food Pvt. Ltd, Mint reported on 11 March, citing people aware of the matter. The deal may value the business at ₹85,000 crore.
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