This strategic move further strengthens Haldirams financial position as it accelerates its global expansion plans, particularly in the US and the Middle East New Delhi: Haldiram Snacks Food, the country’s leading snack and food brand confirmed selling its stake to two new investors — IHC (International Holding Company) and Alpha Wave Global — according to a release. The announcement comes a day after Haldiram confirmed acquisition of a minority stake by Singapore-based global investment firm Temasek. The details of this deal were also not disclosed. “Haldirams, India’s leading snack and food brand, is pleased to announce the addition of two new investors, IHC (International Holding Company) and Alpha Wave Global, to its ongoing equity round, following Temasek’s recent participation,” the statement said. This strategic move further strengthens Haldirams financial position as it accelerates its global expansion plans, particularly in the US and the Middle East, it said. “The invest...
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