• SENSEX
    NIFTY 50
Business

Bain Capital, Sunil Munjal to buy controlling stake in Max Financial Services, says report

Updated : January 17, 2020 11:16 AM IST

Sunil Munjal and Bain Capital together may pick up 28.3 percent stake from Singh in an open offer to minority shareholders, according to an ET report.
Sunil Munjal and Bain Capital are also considering the option of buying just below 26 percent stake to avoid a mandatory open offer, it said.
Negotiation in this regard was going on to thrash out the deal contours, the report said.
Bain Capital, Sunil Munjal to buy controlling stake in Max Financial Services, says report

You May Also Like

Live TV
Advertisement