Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation, sources say

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. However, Haldiram's seeks a higher valuation of $12 billion, creating a sticking point in negotiations.
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