Haldiram's IPO Rumors Surface Amid $8.5 Billion Bid Rejection 🚀

Indian snack giant Haldiram's is reportedly exploring an IPO after turning down a massive $8.5 billion takeover bid from a global investor. Find out what’s next for this popular brand!

Oneindia58.5K views3:00

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Haldiram Snacks, a renowned Indian snack company, is considering an initial public offering (IPO) after rejecting acquisition offers from investors like Blackstone and Bain & Company for not meeting the Agarwal family's $12 billion valuation expectation. The family received bids ranging from $8 billion to $8.5 billion. With India's IPO market booming, raising nearly $4 billion so far this year, going public remains an attractive alternative for Haldiram.

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~HT.97~PR.320~ED.103~
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Views
58.5K

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Duration
3:00

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Published
Jun 12, 2024

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