Bain Capital in talks to invest Rs 1,500 crore in JM Baxi Group

Global private equity fund Bain Capital is in advanced talks with JM Baxi Group to invest up to 1,500 crore ($ 200 million) in exchange for a 30% stake in the retired subsidiary International Cargo Terminals & Rail Infrastructure (ICTRIPL), according to people familiar with the matter. . A portion of the proceeds can be … Continue reading Bain Capital in talks to invest Rs 1,500 crore in JM Baxi Group