Haldirams has partnered with Singapore-based funding agency Temasek, which is able to purchase an fairness stake to assist the model’s enlargement in India and globally.
PwC Funding Banking acted because the unique monetary advisor, whereas Khaitan & Co offered authorized counsel for the deal. The transaction is topic to regulatory approvals and is anticipated to shut quickly.
A Haldirams spokesperson welcomed Temasek’s funding, emphasising its experience within the shopper sector.
PwC India Chairperson Sanjeev Krishan referred to as the deal a milestone, highlighting PwC’s long-term advisory function and noting that it’s India’s largest non-public fairness shopper deal, reflecting the worldwide rise of home companies.
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