Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking point,

Haldiram's, which Euromonitor International estimates has a share of almost 13% of India's $6.2-billion market for savoury snacks, has more than 150 restaurants, but many foreign investors are salivat

Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation, sources say. Haldiram's, which Euromonitor International estimates has a share of almost 13% of India's $6.2-billion market for savoury snacks,

Blackstone has shifted its focus from acquiring a majority stake in Haldiram’s snacks business to negotiating a 20 per cent stake purchase, valuing the company at USD 8 billion, Reuters reported. However,

Blackstone has shifted gears in its pursuit of Haldiram's snacks business, aiming for a 20% stake at a $8 billion valuation after plans for a majority acquisition fell through. Haldiram's, seeking a $12 billion valuation,

Blackstone and its partners, Abu Dhabi Investment Authority and Singapore’s GIC, which backs Blackstone’s global funds, have been in talks with the Haldiram Agarwal family for the last few months for a stake sale,

Blackstone has scaled back its ambitions in its pursuit of India's popular snack maker Haldiram's. Initially aiming for a majority stake, the investment firm is now in talks for a 20% share, valuing the business at $8 billion.