Bain Capital exits Axis Bank, raises $429 million in stake sale
By Scott Murdoch SYDNEY (Reuters) -Bain Capital has sold its entire stake in Axis Bank at 1,071 rupees ($12.87) per share to raise $429 million, according to exchange data. Morgan Stanley Asia Singapore, BofA Securities Europe and Societe Generale together bought a 0.4% stake in Axis Bank through Bain’s sale. Other buyers included Goldman Sachs, …
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