Bain Capital has entered into definitive agreements to acquire joint control in Manappuram Finance, the second-largest gold ...

Manappuram Finance surged 9.77% to Rs 238.75 as global private investment firm, Bain Capital, is acquiring joint control in the Kerala-based non-banking financial company.

Under the agreement, Bain Capital will invest about Rs 4,385 crore to buy an 18 per cent stake in Manappuram Finance.

Shares of Manappuram Finance rose as much as 6.16% to Rs 230.90 apiece hitting a fresh life high. It pared gains to trade 6.12% higher at Rs 230.76 apiece, as of 10:36 a.m. This compares to a 0.46% ...

Bain Capital has a track record of scaling and running businesses in partnership with existing promoters in India. Notable ...

Manappuram Finance shares rose as Bain Capital acquires joint control with an 18% stake for Rs 4,385 crore. The investment ...

The deal will be executed through a preferential allotment of equity shares (9.29 crore equity shares at Rs 236 per share) ...

Global private investment firm Bain Capital on Thursday said it will acquire an 18 per cent stake in gold loan financier Manappuram Finance for Rs 4,385 crore.

Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based ...

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Bain Capital to acquire 18% stake in Manappuram Finance for Rs 4,385 crore, with plans for an open offer to raise ownership ...