Tag: stake sale
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Bain Capital sells USD 448 million stake in Axis Bank
In a significant move, private equity firm Bain Capital has sold its stake worth USD 448 million in Axis Bank, India’s third-largest private sector lender. Bain Capital made the decision to offload its entire stake of 2.3% in Axis Bank in multiple block deals on the stock exchanges, signaling a strategic move in its investment…