Deal negotiations got delayed owing to differences over loss-making segments of the Indian company
In November, Trend Micro said third-quarter net sales rose 6 per cent to 68.1 billion yen for a 42 per cent jump in operating income to 14.8 billion yen, as its operating margin rose to 24 per cent
KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December
Private equity firm says investment will help Aurangabad-based manufacturer to expand globally
KKR offered around 800 billion yen ($5.1 billion) for York Holdings, an entity due to be spun out of the Japanese retailer, two of the people said
Mitsubishi Chemical has hired Goldman Sachs to run the sale process and binding bids are due on Dec. 24, the sources said
Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit
Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore as part of a strategy to enhance annual rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In May 2022, the company announced a tie-up with Bain Capital and Ivanho Cambridge to set up a platform that will invest around USD 1 billion to develop digital infrastructure space, including warehousing and industrial parks across India. Macrotech Developers had in September this year acquired the interest of Ivanhoe Warehousing India Inc (Ivanhoe) in the digital infrastructure platform entities for Rs 239.56 crore. Now, it has given exit to Bain Capital. In a regulatory filing on Thursday, the company said it has "executed Securities Purchase Agreements with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in
Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing on Thursday, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital Infrastructure Development Management Pvt Ltd, Palava Induslogic 4 Pvt Ltd and Bellissimo In City FC Mumbai 1 Pvt Ltd), in entirety at a consideration of Rs 307 crore". Bain Capital had a 30 per cent stake in Bellissimo Digital Infrastructure Development Management Pvt Ltd and a 33.33 per cent stake each in the other two entities. This is in line with the company's objective of gradual
Blackstone is likely to prevail in the auction for ROIC that has also attracted interest from other private equity firms, including Bain Capital, the sources said
A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms
Nearly 90 per cent of the capital raised for the new fund was from local family offices and high net worth individuals
Bain Capital is offering $63.15 per share in cash
The issue, with a price band of Rs 960 to Rs 1,008 per share, will be open for public subscription till July 5. The IPO comprises fresh issuance of equity shares worth Rs 800 crore
Bain-owned Tyger Capital targets 4x growth in book to Rs 15,000 cr
Major foreign private equity firms like Blackstone, Bain Capital, and Singapore's Temasek seek up to 76% stake in the Indian food giant
"We believe that an acceleration of effort by countries, corporates and investors is imperative as Southeast Asia remains woefully off-track," said Kimberly Tan, GenZero's managing director
Among the buyers were a clutch of domestic as well as foreign funds
Bain sold 33.4 million shares in the block trade, according to a term sheet reviewed by Reuters
The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share