Salestorrs’ Post

Salestorrs, suitors are queuing for Haldiram's. After Blackstone and Bain Capital, now Alpha Wave Global has thrown its hat in the ring. Earlier known as Falcon Edge, Alpha Wave is a Tiger Global Management subsidiary. Haldiram’s Snacks Food is selling 15-20%. One interested group is led by Bain Capital, partnered by Temasek, and the other is led by Blackstone, Singaporean GIC, and Abu Dhabi Investment Authority (ADIA). With the stake sale, Haldiram’s promoter group is hoping to receive the public market premium of ₹93,500 crore ($11 billion), while the family is vying to get at least a $10 billion valuation from the investors, ET reported. Alpha's entry, while surprising at best, also changes the deal dynamics. find out how in today's #SalestorrsNews150, news in 150 words. LINK IN COMMENTS BELOW. #salestorrs #salestors #haldirams #newsinbrief #foodindustry #snacks

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