Temasek noses ahead in Haldiram race, Alpha Wave still in fray
Temasek is negotiating to acquire a minority stake in Haldiram Snacks Food for over $1 billion after Bain Capital opted out. Alpha Wave Global is also competing. Blackstone's offer includes conditions resisted by Haldiram's promoters. A decision is expected by the end of the month. Haldiram's family may choose one or two investors.
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