Private equity firm Bain Capital (Bain Capital Private Equity, LP) is likely to sell 33.4 million shares of Axis Bank Limited (BSE:532215) through a block deal on April 9, 2024, according to reports. Bain Capital is offering Axis Bank shares for INR 1,071 to INR 1,076.05 a share, and it seeks to raise $431 million through the block trade. Through this sale, Bain Capital will exit the lender after more than six years of its investment in Axis Bank.
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