Temasek Eyeing $1 Billion Stake in India's Snack Giant Haldiram

Temasek Holdings is in talks to buy a minority stake of 10%-15% in Haldiram Snacks, which could value the company at around $11 billion.

This investment may pave the way for Haldiram’s potential IPO. Founded in the 1930s, Haldiram's offers a wide range of products, including snacks and frozen meals, and operates 43 restaurants in Delhi. The Agarwal family is exploring sale options and a possible IPO.

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