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Bain Capital sells 1.08% stake in Axis Bank for Rs 3,574 crore

Mirae Asset Mutual Fund (MF), ICICI Prudential MF, ICICI Prudential Life Insurance Company, Norges Bank, Morgan Stanley Asia Singapore Pte, Societe Generale, Blackstone, BofA Securities Europe SA were the buyers of Axis Bank shares. Get more Companies News and Business News on Zee Business. ....

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axis bank share price: Bain Capital to sell 1.08% stake in Axis Bank on Tuesday

Bain Capital acquired its stake in Axis Bank in November 2017. BofA Securities India is the sole bookrunner. In June, Bain Capital sold a 0.7% stake in Axis Bank at an average price of Rs 968 per share, aggregating Rs 2,178 crore. Prior to this, the private equity firm had sold a 1.2% stake in October 2022. ....

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