Bain Capital

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

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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

Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

Blackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital in a deal worth up to $480 million

Piramal-Bain's IndiaRF invests Rs 550 cr for majority stake in Impresario

Funds will be used by the company to fuel the further expansion of Impresario's business

Bain Capital sells 16.7 million shares in Axis Bank for Rs 1,497 crore

Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank

Axis Bank slips 2% after 1.2% equity changes hands on BSE via block deal

At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows.

Top headlines: Customs, excise mop-up, 42 companies approved for PLI & more

The government set a target of Rs 3.35 trillion for excise and Rs 2.13 trillion for Customs mop-up for FY23 while presenting the Budget in February

Bain Capital likely to sell stake in Axis Bank through a block deal

Media reports suggested and were conformed by some industry sources that Bain Capital will dilute a 1.24 per cent stake in the lender worth Rs 3350 crore

Bain Capital is among bidders for Indian polyester film manufacturer

The Boston-based buyout firm has been sounding out financing for the potential offer, which could value Polyplex at more than $1 billion including debt

Facebook co-founder Eduardo Saverin's B Capital closes $250 mn fund

Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India

Toshiba stock surges 6.5% on report of bids at $22-billion valuation

Toshiba has been soliciting acquisition offers - and other restructuring proposals - as it seeks to end years of mismanagement and mollify activist investors

Bain Capital special situations fund earmarks $300 million for India

The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.

Bain Capital-backed $44 billion wealth manager is bullish on India REITs

IIFL Wealth Management Ltd. is recommending its clients allocate as much as 10% to the hybrid investments, co-founder and joint Chief Executive Officer Yatin Shah said

Bain Capital raises $2 billion in biggest Asia special situation pool

Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific

CVC Capital Partners, KKR mulling buyout bids for $18-billion Toshiba

Toshiba's buyout, which has a market capitalisation of almost $18 billion, would possibly be private equity's biggest-ever deal in the country

Toshiba hope for private equity interest in buying firm, shares jump

Bain has sounded out multiple other Toshiba shareholders about teaming up as it prepares to make a buyout offer.

Toshiba hope for private equity interest in buying firm, shares jump

Bain has sounded out multiple other Toshiba shareholders about teaming up as it prepares to make a buyout offer.