ReferIndia News US multinational General Mills craves stake in Balaji Wafers, too

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US multinational General Mills craves stake in Balaji Wafers, too

Published on: Sept. 18, 2025, 5:11 a.m. | Source: The Economic Times

The Minneapolis-based owner of global brands such as Pillsbury and Betty Crocker has approached Balajis founders for a deal that could give it a majority holding, though the promoters are currently willing to sell only a 10% stake, two people with direct knowledge of the discussions said on condition of anonymity.

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