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Bain Capital likely to sell $431 million worth stake in Axis Bank via block deal: Report

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April 8, 2024
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Bain Capital likely to sell 1 million worth stake in Axis Bank via block deal: Report
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MUMBAI – Private equity firm Bain Capital is likely to sell 33.4 million shares of Axis Bank through a block deal on Tuesday, according to reports.

Bain Capital is offering Axis Bank shares for Rs 1,071-Rs 1,076.05 a share, and it seeks to raise $431 million through the block trade.

More to come….

Tags: Axisaxis bankaxis bank block dealAxis Bank share priceaxis bank stock targetBainBain CapitalBankblockcapitalDealMillionreportSellstakeworth
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