Bain Capital joins race to acquire Piramal Glass2 min read . Updated: 02 Nov 2020, 04:10 PM IST
- The transaction, when its goes though, will mark another stake divestment by Piramal group which is looking to shore up the capital base of its real estate, pharma and financial services businesses through stake sales in non-core businesses
NEW DELHI: Global private equity Bain Capital has joined the race to acquire a controlling stake in Ajay Piramal-promoted Piramal Glass Private Limited (PGPL), two people directly aware of the development told Mint, requesting anonymity as the discussions are private.
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