Bain Capital Seeks CCI Approval To Acquire Stake In Manappuram Finance
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Bain Capital Seeks CCI Approval To Acquire Stake In Manappuram Finance
Investment firm Bain Capital on Monday sought the approval of fair trade regulator Competition Comission Of India to acquire a significant stake in non-banking financial company Manappuram Finance through a multi-layered deal.According to the proposed deal, Bain Capital through its two affiliates -- BC Asia Investments XXV and BC Asia Investments XIV -- will acquire stakes in Manappuram Finance Ltd.The proposed transaction involves four phases, …
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