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MUMBAI: US investment firm Bain Capital has signed definitive agreements to acquire joint control in Kerala-based Manappuram Finance – India’s second-largest gold loan company.Bain Capital will invest around Rs 4,385 crore for an 18% stake through a preferential allotment of equity and warrants at Rs 236 per share, reflecting a 30% premium over the six-month average trading price.The deal, the …
Read More »US investor Bain to buy 18% in Manappuram Finance for Rs 4.4k crore – The Times of India
