Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestMUMBAI - A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority is in talks with India's Haldiram's for a majority stake in its snacks business at a valuation of up to $8.5 billion, two sources with direct knowledge said.Haldiram's, a household name in India, has more than 150 restaurants selling local food, sweets and western cuisine.
GIC and ADIA - both investors in Blackstone's funds - are part of the non-binding bid, the sources added. India's Economic Times newspaper first reported the deal talks.
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