{
V.P. Nandakumar

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}
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001122334455554433221100

Bain Capital's Acquisition of Manappuram Finance Faces Negotiation Delays

Bain Capital's pursuit of a controlling stake in Manappuram Finance is encountering delays due to disagreements over transaction terms with the company's promoters. While Bain is primarily interested in acquiring the gold loan portfolio, other banks and NBFCs are also showing interest as negotiations stall. The promoters, led by VP Nandakumar, hold a 35.25% stake and discussions for a stake sale began in early November.
Moneycontrol
Manappuram Finance Limited Bain Capital Specialty Finance, Inc. IND V.P. Nandakumar
Finance & Economy, Market Report
08:31 05.12.2024
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