Haldiram's, an Indian snack maker, considers IPO after foreign investor sale plans stall.
Haldiram's, an Indian snack maker, is considering an initial public offering (IPO) after plans to sell the company to foreign investors stalled. The Agarwal family, the owners of Haldiram Snacks Pvt Ltd, are contemplating a listing due to bids in the range of $8 billion to $8.5 billion falling short of their valuation expectation of about $12 billion. IPO plans are at preliminary stages.
June 12, 2024
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