May 20, 2024
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Haldiram Snacks gets bid from world’s largest PE fund Blackstone-led consortium; valuing business at $8.5 billion

  • May 14, 2024

A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according

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Funds

Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US$31.6 billion splurge in 2023

  • January 1, 2024

Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings slashed spending. PIF deployed US$31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the US$20.7 billion it invested the previous

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