Adani: Bain to Acquire NBFC for Rs 1,500 Crore
Bain Capital, a prominent global private equity firm, is poised to acquire Adani Capital, the financial services arm of the Adani Group, in a deal worth Rs 1,500 crore. With the acquisition expected to conclude in the coming months, Bain Capital will secure a majority stake in Adani Capital, solidifying its presence in the Indian financial services landscape.
Adani Group’s Cash-Hungry Utility Demonstrates Urgency in Funding to Empower India
Adani Transmission Ltd., India’s leading power grid operator, is actively seeking to raise up to $1 billion to support its expansion initiatives. This underscores the critical need for funding in India’s energy infrastructure sector.