/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Last month, the snack maker had received bids from two consortiums, but the deals did not match the company’s valuation expectations.
Indian snack maker Haldiram’s is mulling going public as plans to sell a stake to foreign investors have stalled, Bloomberg reported on Wednesday, citing people familiar with the matter.
The 87-year-old company’s owners, the Agarwal family, are now exploring an initial public offering after bids for its stake sale did not match its valuation expectations. Last month, Haldiram’s received bids from two consortiums—one led by Blackstone, along with Abu Dhabi Investment Authority and Singapore’s sovereign wealth fund GIC, and another led by Bain Capital along with Singapore-based Temasek. These deals valued Haldiram’s at $8-8.5 billion, but it reportedly did …
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
