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ITC may munch on Peak XV's 47% stake in Prataap Snacks; PE funds tapped too, ET Retail

ITC: Buyout funds KKR, TA Associates and Apax are among others that have been tapped since Peak XV initiated a plan to fully exit its nearly 13-year-old investment in Prataap and hired Deutsche Bank to sell the company. The transaction if successful will trigger an open offer for an additional 26% of the Indore-based company, which has been a laggard ever since its stock market debut in 2017 when it listed at a 33% premium. Prataap ended 1% down at ₹1,174.45 for a market value of ₹2,802.19 crore on Wednesday.

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prataap snacks share price: Prataap Snacks share price zooms 14%. Is this smallcap a yellow diamond?

The report said ITC sees Prataap giving it significant headroom in regional pockets, especially when its own brands havent been able to win a significant share in those territories due to stiff local competition.

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Prataap Snacks shares rally 14% on report ITC eyeing stake

Buyout funds TA Associates, Apax and KKR have been tapped since Peak XV initiated a plan to fully exit its nearly 13-year-old investment in Prataap Snacks, the report said. 

Avadh , Uttar-pradesh , India , Indore , Madhya-pradesh , Bikaji-foodsbut , Ta-associates , Deutsche-bank , Prataap-snacks-ltd , Sequoia-capital , Prataap-snacks , Snacks-ltd

Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, a listed company, a media ......

Avadh , Uttar-pradesh , India , Airtel , Prataap-snacks , Sequoia-capital , Yellow-diamond , Itc , Eak-xv-partners , Aldiram , Ic

Haldiram's seeks to buy Indian chips maker Prataap Snacks -sources

Haldiram's seeks to buy Indian chips maker Prataap Snacks -sources
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India , Mumbai , Maharashtra , Christian-schmollinger , Aditya-kalra , Amit-kumat , Krishan-kumar-chutani , Tata-group , Reuters , Prataap-snacks , Yellow-diamond , Sequoia-capital-india

Haldiram Prataap snacks: Haldiram's seeks to buy Indian chips maker Prataap Snacks

Indian snack maker Haldiram's is in talks to acquire a majority stake in Prataap Snacks, valued at $350 million, to expand its presence in the potato chip market. The talks are at an early stage and a valuation has not been discussed, but it could be at a premium to Prataap's stock price.

India , Amit-kumat , Krishan-kumar-chutani , Reuters , Tata-group , Prataap-snacks , Yellow-diamond , Sequoia-capital-india , Kumar-chutani , Haldiram-prataap-snacks , Prataap-snacks-share , Haldiram-s

Haldiram's seeks to buy Indian chips maker Prataap Snacks

Haldiram's is eyeing a majority stake of at least 51%, but a final number has not been decided

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