Bidders seek clarity on Haldiram's brand use
Business Standard|June 19, 2024
The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions.
DEV CHATTERJEE & SHARLEEN D'SOUZA
Bidders seek clarity on Haldiram's brand use

The Delhi and Nagpur families have decided to merge their operations and formed a joint venture to sell part of their stake. On the other hand, the Kolkata family runs its separate, independent operations.

Bankers said prospective bidders of the company do not want any confusion over the brand in future. They have sought clarity over usage of the brand.

"The talks are currently on how to solve the issue," said a banker. Mails sent to Haldiram families on Friday did not elicit any response.

This paper had reported that promoters of HSFPL are reluctant to sell their stake in the food company at the reported offers of $8.5 billion by private equity (PE) firms. The PE firms had made non-binding offers to buy the company.

この記事は Business Standard の June 19, 2024 版に掲載されています。

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この記事は Business Standard の June 19, 2024 版に掲載されています。

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