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Temasek buys minority stake in Haldiram's snacks business: report

Temasek buys minority stake in Haldiram's snacks business: report

FILE PHOTO: A view shows packets of snacks on the shelves inside a Haldiram's restaurant in Mumbai, India, September 6, 2023. REUTERS/M. Sriram/File Photo

Singapore’s state investment company Temasek has signed a deal to pick up close to a 10% stake in the snacks business of India’s Haldiram’s at a cost of about $1 billion, two people with direct knowledge said on Wednesday.

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