Bain ups Himadri stake
Bain Capital has increased its stake in Indian chemicals play Himadri Chemicals & Industries Ltd., its first India investment, from 15% to 25%, paying $35 million.
This follows Bain's earlier investment at the start of the year for 15% at $54 million, and was the result of a mandatory open offer required by Indian regulator SEBI following its initial deal. Prior...
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