Tag: Pepsi

NEW DELHI: Tata Group's consumer division is in talks to acquire a substantial 51% stake in Haldiram's, the country's beloved snack food giant, in a proposed deal that could reshape India's snack food industry. However, sources privy to the matter told Reuters that Tata is grappling with the hefty $10 billion valuation proposed by Haldiram's.Haldiram's, which is a household name in India, is also talking with private equity firms including Bain Capital about the sale of a 10% stake, sources said.If the discussions culminate successfully, it will pit...