Sunil Mittal set to buy $2 billion stake in Haier India

Sunil Mittal is planning to acquire a significant stake in Haier India. He is partnering with Warburg Pincus for this deal. The potential acquisition could be around $2 billion. Haier is considering selling a stake in its Indian unit. Other investors like Temasek and GIC have shown interest previously. Haier's revenue in South Asia has experienced substantial growth.