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SNACKS MARKET VALUATION
Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
US private equity firm General Atlantic set to acquire 7% of Balaji Wafers for ₹2,500 croreGeneral Atlantic is close to acquiring a 7% stake in Balaji Wafers for ₹2,500 crore. This deal values the Gujarat-based snack maker at appr...
Balaji Wafers may rethink stake sale plan as PE funds cite steep valuationBalaji Wafers' minority stake sale is currently stalled as private equity funds and strategic investors withdrew due to the snack maker's s...
ITC Foods, PE firms among dozen cos in race for around 10% stake acquisition in Balaji WafersBalaji Wafers is in talks with over a dozen firms, including Temasek, TPG, and ADIA, to dilute a 10-15% stake. ITC Foods is also reportedly...
ITC, PepsiCo make beeline for 10% bite of Balaji WafersITC and PepsiCo, along with private equity firms like TPG and Temasek, are vying for a 10% stake in Balaji Wafers, valuing the snack maker ...
Haldiram’s Nagpur & Delhi branches complete mergerHaldiram's Delhi and Nagpur factions have merged to form Haldiram Snacks Food Private Limited, creating India's largest snacking company. T...
Bhujia, business and blood ties: Haldiram’s Delhi, Nagpur units to uniteHaldiram Snacks Food has sold a 10% stake to Temasek at a valuation of $10 billion. The company has also merged its Nagpur and Delhi branch...
$10 billion bhujia: What's behind Haldiram's stratospheric valuation?Temasek has agreed to acquire a 10% stake in Haldiram at a $10 billion valuation, after other potential buyers withdrew over price concerns...
Blackstone out of race for Haldiram's over valuation, sources sayPrivate equity investor Blackstone has withdrawn from acquiring a minority stake in India's Haldiram's snacks business due to valuation dis...
Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal familyPepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Gl...
Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation, sources sayBlackstone has scaled back its ambitions in its pursuit of India's popular snack maker Haldiram's. Initially aiming for a majority stake, t...
Gopal Snacks IPO sails through on Day 2 of bidding process. Check GMP & other detailsGopal Snacks IPO was subscribed 0.90 times so far on day 2. The IPO price band has been set at Rs 381-401/share. Analysts remain mixed on t...
Gopal Snacks IPO subscribed 0.21 times so far on Day 1. Check GMP, and other detailsGopal Snacks IPO is completely an offer for sale (OFS) of up to Rs 650 crore. The company garnered Rs 194 crore from anchor investors ahead...
Haldiram's seeks to buy Indian chips maker Prataap SnacksIndian snack maker Haldiram's is in talks to acquire a majority stake in Prataap Snacks, valued at $350 million, to expand its presence in ...
Bikaji Foods IPO: An expensive bet on fast-growing snacks businessIncorporated in 1995, Bikaji Foods International, was founded by Shiv Ratan Agarwal, grandson of the founder of the Haldiram brand. It is t...
Prataap Snacks IPO not crunchy enough for value investorsAt the demanded price, the IPO is valued at 220 times FY17 earnings; traders may try for listing gains.