INSUBCONTINENT EXCLUSIVE:
The Agarwal family has been exploring options including a sale of the business and a potential IPO
Photo: Shutterstock2 min read Last Updated : Oct 04 2024 | 11:42 AM ISTBy Baiju Kalesh, Elffie Chew and P R SanjaiTemasek Holdings Pte
biggest snack maker at about $11 billion.
The Singapore state investor is holding preliminary talks to buy from 10 per cent to 15 per cent
in Haldiram, the people said, asking not to be identified because the matter is private
The investment may serve as a stepping stone towards a potential initial public offering of the company, the people said.Click here to
It also runs 43 restaurants in and around Delhi, according to its website.
The Agarwal family has been exploring options including a sale
of the business and a potential IPO, Bloomberg News has reported.
Global investors have been increasing their focus on India, lured by its
according to Vishesh Shrivastav, its managing director for India investments
That figure is set to rise sharply, with the company saying last year it planned to commit billions more.
Temasek has been targeting
Core areas include digitization, consumption and sustainable living, according to Shrivastav
Those potential minority investments include VFS Global, in a transaction valuing the visa outsourcing and technology services firm at about
$7 billion including debt, Bloomberg News has reported.First Published: Oct 04 2024 | 11:42 AMIST
