Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal family

PepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Global. The Aggarwal family, seeking their first external investment, expects a valuation of Rs 85,000-90,000 cr. PepsiCo aims to leverage Haldiram’s market strength in ethnic snacks.

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