Axis Bank shares edge lower amid block deal; Bain Capital likely seller
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
Bain Capital is reportedly looking to sell another 1.1% stake worth $444 million in Axis Bank at a floor price of ₹1,109 per share.
U.S. based private investment firm Bain Capital is likely to sell its stake worth $267 million at a floor price range of ₹966-₹977.70 per share via block deal.
Bain Capital to sell a 1.24% stake in Axis Bank at a floor price of ₹888 per share, a discount of 2% to Monday’s closing price.