BOSTON, MA – American private investment firm Bain Capital is on the verge of acquiring a significant stake in Manappuram Finance, one of Kerala’s leading gold loan providers, in a deal valued ...
Bain Capital has proposed a ₹4,385 crore investment to acquire joint control in Manappuram Finance Limited through a preferential allotment of equity shares, share warrants, and a mandatory open offer ...
Global private investment firm Bain Capital on Thursday said it will acquire an 18 per cent stake in gold loan financier Manappuram Finance for Rs 4,385 crore. The deal will make it one of the ...
(Reuters) – Shares of India’s Manappuram Finance jumped 6% on Friday after analysts said that Bain Capital’s plans to buy an 18% stake and jointly control the gold loan provider will help ease its ...
The company, India’s second-largest gold financier, is witnessing strong investor interest, with its stock surging to a fresh high. As of 11.07 am, Manappuram Finance shares were up 5.98 percent at Rs ...
Shares of Manappuram Finance Ltd. rose 6% on Friday to hit a fresh life high as US-based Bain Capital is set to take over a controlling stake in the company. The gold loan firm on Thursday said that ...
Manappuram Finance, one of the biggest NBFCs in the country, saw its shares soar in the intraday trade on Friday, March 21. This came to pass after the company announced that American investment ...
Manappuram Finance Ltd (MGFL) shares were trading 3 per cent higher in Friday's trade, as Bain Capital is set to invest Rs 4,385 crore in the gold loan company for 18 per cent stake on a fully ...
Manappuram Finance shares rose as Bain Capital acquires joint control with an 18% stake for Rs 4,385 crore. The investment aims to drive growth, enhance operations, and strengthen leadership.
MUMBAI: US investment firm Bain Capital has signed definitive agreements to acquire joint control in Kerala-based Manappuram Finance - India's second-largest gold loan company. Bain Capital will ...
Bain Capital, a global private investment firm, said it has entered into definitive agreements to acquire joint control in Manappuram Finance, a Kerala-based non-banking financial company through ...
Founded in 1949, Manappuram Finance has a customer base of over 6.59 million across a network of 5,357 branches, with a workforce of 50,795 employees. Private equity firm Bain Capital on Thursday ...