Page 3 - Bain Capital
Vedanta Resources in talks with PE funds for $1 billion debt repayment
The mining conglomerate is simultaneously in discussions with bondholders to modify repayment timelines on a portion of the $3.2 billion bonds
 "Vedanta Resources in talks with PE funds for $1 billion debt repayment")
Rana Kapoor gets relief from SAT; Bain Capital sells 2.82% in L&T Finance
Bain Capital sells 2.82% in L&T Finance
 "Rana Kapoor gets relief from SAT; Bain Capital sells 2.82% in L&T Finance")
Bain Capital slashes stake in L&T Finance Holdings by more than half
BENGALURU (Reuters) - Investment firm Bain Capital sold more than half its stake in non-banking financial company L&T Finance Holdings in two block deals, data from BSE India exchange showed on Tuesday.
 "Bain Capital slashes stake in L&T Finance Holdings by more than half")
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
 "IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd")
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 'narrows its universe'; identifies 5 core areas for launches")
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
 "Tata Consumer Products shares increase by 4% on Haldiram buyout report")
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
 "Piramal-Bain investment arm acquires API biz of Ind-Swift for Rs 1,650 cr")
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
 "Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit")
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
 "Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,440 cr")
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
 "Adani to sell 90% stake in fin services to Bain Capital for Rs 1,440 cr")
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 most likely to acquire majority stake in Adani Capital")
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
 "Bain Capital in talks to acquire Adani Capital for Rs 1,500 crore: Report")
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)
 "US private investment firm Bain Capital in talks to acquire Vadilal")
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.
 "Axis Bank trades firm after 22.5 mn shares change hands on NSE")
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
 "US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report")
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
 "Bain Capital seeks to raise $4 bn for new global special situations fund")
Top headlines: Subway's sale draws Goldman, US-India navies hold 6th meet
Business Standard brings you the top headlines at this hour
 "Top headlines: Subway's sale draws Goldman, US-India navies hold 6th meet")
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
 "Subway's potential $10 billion sale draws Goldman, Bain, says report")