Page 3 - Bain Capital

IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd

Financial advisors for this transaction included O3 Capital, representing IndiaRF, and Unaprime Investment Advisors, advising Ivy

Tata Consumer 'narrows its universe'; identifies 5 core areas for launches

In the liquids category, the company plans to introduce new products in the water and ready-to-drink sectors

Tata Consumer Products shares increase by 4% on Haldiram buyout report

According to report, Tata Consumer looks at majority stake; Bain seeks 10 per cent stake

Piramal-Bain investment arm acquires API biz of Ind-Swift for Rs 1,650 cr

The API business has a presence across the US, Japan, Korea, EU, Brazil, and India

Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit

Ajit Prabhu, chairman and chief executive officer of Quest Global, will acquire an additional stake in the company

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,440 cr

The total valuation of the Adani financial services business stands at Rs. 1,600 crore

Adani to sell 90% stake in fin services to Bain Capital for Rs 1,440 cr

Bain to invest Rs 1,000 cr more in company

Bain Capital most likely to acquire majority stake in Adani Capital

The development is a result of Adani group's head Gautam Adani's decision to exit from non-core businesses and use this capital for his core ventures

Bain Capital in talks to acquire Adani Capital for Rs 1,500 crore: Report

The Adani Group is selling its shadow bank as it looks to realign its business interests and focus on preserving cash

US private investment firm Bain Capital in talks to acquire Vadilal

Bain Capital is also interested in merging the two Vadilal entities and is valuing Vadilal's ice cream business at over Rs 3,000 crore ($363.11 million)

Bain Capital in talks to buy Indian ice cream maker Vadilal: Report

Shares of Vadilal Industries soared to its record high, rising as much as 18.6% after the report

Bain Capital sells 0.7% stake in Axis Bank via open market transactions

US-based private equity major Bain Capital on Thursday offloaded a 0.7 per cent stake in private sector lender Axis Bank for Rs 2,178 crore through open market transactions. Bain Capital through its affiliates -- BC Asia Investments III, BC Asia Investments VII and Integral Investments South Asia IV -- sold the shares of Axis Bank in three tranches. Bajaj Allianz Life Insurance Company, ICICI Prudential Mutual Fund, Goldman Sachs (Singapore), Morgan Stanley Asia Singapore, Societe Generale, the Sultanate of Oman Ministry of Defence Pension Fund, Bay Pond Partners LP, and among others were the buyers of the shares. BC Asia Investments III, BC Asia Investments VII and Integral Investments South Asia IV offloaded a total of 2,25,00,001 shares, amounting to a 0.7 per cent stake in Axis Bank, as per the block deal data available with the National Stock Exchange (NSE). The shares were disposed of at an average price of Rs 968 apiece, taking the combined transaction value to Rs 2,178 ...

Axis Bank trades firm after 22.5 mn shares change hands on NSE

Around 22.5 million shares representing 0.74 per cent of total equity of Axis Bank changed hands on the NSE in pre-opening deals.

US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report

The stake sale would likely be at an offer price range of 964.00 rupees to 977.70 rupees per share, the report added

Bain Capital seeks to raise $4 bn for new global special situations fund

Bain Capital kicked off the fundraising at the start of the year and has already raised about $2 billion for the new fund, said the sources, who requested anonymity

Top headlines: Subway's sale draws Goldman, US-India navies hold 6th meet

Business Standard brings you the top headlines at this hour

Subway's potential $10 billion sale draws Goldman, Bain, says report

Goldman Sachs Asset Management and Bain, along with private equity firms TDR Capital and TPG, have tabled indicative offers for Subway, the news outlet reported

Embassy Group sells 42 mn REIT shares to Bain Capital for Rs 1,300 cr

Realty firm Embassy Property Developments Pvt Ltd has sold 4.2 crore shares in Embassy Office Parks REIT to Bain Capital for Rs 1,250-1,300 crore to pare debt. Bengaluru-based Embassy Group has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT to Bain Capital, according to a company statement. The company did not disclose any further details. Sources said Embassy Group, who is one of the sponsors of Embassy REIT, has sold around 4.2 crore shares to Bain Capital through block deal for around Rs 1,250-1,300 crore. Embassy Group's stake in Embassy REIT has come down to 8 per cent after this share sale from 12 per cent earlier, sources said. Share price of Embassy REIT closed at Rs 301.38 per share on the BSE. The Group will utilise the amount to reduce its debt. Embassy Group aims to reduce overall debt by approximately 30 per cent before 30th June 2023. "As sponsor of Embassy REIT, the Embassy Group reiterates its commitment to th

Private equity firms Bain, KKR, Nibe Vie for $1.3 bn Fujitsu unit stake

Bain Capital and KKR & Co. are among the suitors selected for next round of bidding for Fujitsu Ltd.'s majority stake in its AC manufacturing unit, according to people familiar with the matter

Airlines turn market darlings as Covid-19 forces financial clean up

Virgin Australia, so financially frail when Covid-19 hit in 2020 that it folded in weeks, has undergone a remarkable transformation under new owner Bain Capital