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Bain Capital makes open offer to raise Manappuram stake to 41.7%Bain Capital has launched an open offer to acquire an additional 26% stake in Manappuram Finance at ₹236 per share, following its earlier p...- Manappuram Finance units get RBI nod for indirect change in control by Bain CapitalA new chapter begins for Manappuram Finance as its subsidiaries, Asirvad Micro Finance and Manappuram Home Finance, have received the final...
- Hey RBI, leave the PEs aloneSince late 2024, RBI has been frowning at investors having control of multiple lenders. PE firms that have held 20% or more in non-bank len...
- Manappuram Finance shares tumble 10% on report of RBI objections to Bain Capital dealManappuram Finance shares fell 10% after a Reuters report said the RBI has objected to Bain Capital’s plan to acquire a controlling stake. ...
- Manappuram's Bain deal delayed by RBI's concerns, sources sayThe Reserve Bank of India has raised objections to Bain Capital's plan to acquire a controlling stake in Manappuram Finance. This is becaus...
- Bain goes for gold, to become joint owner of Mannapuram FinancialBain Capital will acquire an 18.6% stake in Manappuram Finance, a leading Indian gold loan company, through a primary infusion and secondar...
- Graphic India raises $5 million in new financing roundThe funds will be used to further create original Indian superheroes and character entertainment franchises, said the company.
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