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Read More »“Tata in Talks to Acquire Majority Stake in Haldiram’s; Valuation Remains a Sticking Point”
Tata Group's consumer unit is in discussions to purchase over 51% of Indian snack maker Haldiram's, a move that would put it in direct competition with Pepsi and Mukesh Ambani's Reliance Retail. However, Tata is reportedly hesitant about the $10 billion valuation sought by Haldiram's.
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