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Blackstone eyes 20% stake in Haldiram's snacks business amid valuation clash

Blackstone eyes 20% stake in Haldiram's snacks business amid valuation clash

Nov 15, 2024, at 04:39 am

Mumbai: Blackstone has abandoned plans to acquire a majority stake in India’s Haldiram's snacks business and is now negotiating for a 20% stake at a valuation of $8 billion, which remains a point of contention, Reuters reported on Thursday.