Manappuram Finance Set to Finalize Major Deal with Bain Capital
February 24, 2025 - 13:41
Manappuram Finance is on the brink of a significant agreement with Bain Capital, which aims to secure a substantial promoter stake in the company. This potential deal involves a combination of preferential allotment and a secondary share sale, with Bain Capital eyeing an acquisition of up to 46% of Manappuram Finance.
Despite previous challenges and regulatory hurdles that have hindered similar transactions in the past, the market has responded positively, leading to an increase in the company’s share prices as investors express optimism about the outcome of this negotiation. The anticipated influx of capital from Bain Capital could provide Manappuram Finance with the resources needed to enhance its operations and expand its market presence.
As talks progress, stakeholders are closely monitoring developments, hoping for a successful resolution that could reshape the financial landscape for Manappuram Finance and solidify its position in the industry.
MORE NEWS
February 25, 2026 - 03:36
BHMI Enhances the Concourse Financial Software Suite® to Support Interac Processing in CanadaIn a move to bolster payment processing capabilities in Canada, BHMI has unveiled significant upgrades to its Concourse Financial Software Suite. The enhancements are specifically engineered to...
February 24, 2026 - 00:52
Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'Renowned economist and longtime cryptocurrency skeptic Peter Schiff issued a stark warning on Thursday, stating it is `highly likely` that Bitcoin will fall to at least $20,000. He urged market...
February 23, 2026 - 00:14
‘Money's moving out of tech’: Wall Street weighs stock market winners amid the AI scare tradeA significant rotation is underway on Wall Street as capital flows out of the once-unassailable mega-cap technology stocks. Market analysts report a growing investor unease with the stratospheric...
February 22, 2026 - 12:52
Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War HedgeFinancial commentator Jim Cramer has publicly challenged the narrative that cryptocurrencies, particularly Bitcoin, serve as a reliable safe haven during international crises. His comments come as...