4/10/2024, 11:28:03 am

Temasek in talks for $1 billion-plus stake in Haldiram Snacks

Temasek Holdings Pte. is in talks to buy a minority stake in Haldiram Snacks Pvt Ltd., people familiar with the matter said, a transaction that may value India’s biggest snack maker at about $11 billion. The Singapore state investor is holding preliminary talks to buy from 10% to 15% in Haldiram, the people said, asking not to be identified because the matter is private.