استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Manappuram sells 18% to Bain for ₹4,385 cr
March 21, 2025
|The New Indian Express Tirupati
THE second largest pure-play gold loan player Manappuram Finance has inked a deal with Bain Capital, under which the latter will acquire 18% in the Thrissur, Kerala-based company for ₹4,385 crore.
The deal also leads to an open offer by the private equity major for an additional 26%, reducing the current promoters—VP Nandakumar family—stake to under 30%.
Following the fund infusion of ₹4,385 crore, the investor will be classified as a joint promoter with board representation, Manappuram Finance said in an exchange filing on Thursday.
The stake will be purchased by Bain Capital Asia (through its affiliated BC Asia Investments XXV and BC Asia Investments XIV) through a preferential allotment of shares.
هذه القصة من طبعة March 21, 2025 من The New Indian Express Tirupati.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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