A potential Haldiram's stake will add to Blackstone's already sizeable India portfolio, which is currently valued at $55 billion, according to Prateek Roongta.
Haldirams will now be available for sale in the US, through Amazon’s Global Selling Program. For Haldirams, the US was already a big market forming 40% of its annual revenues from offline exports.
Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a ...
NEW DELHI, Nov 14 (Reuters) - Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of ...