Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore
Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore February 23, 2021 International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam× The logistics firm will use investment to pare debt, fund expansion The US-based Bain Capital Private Equity has invested about ₹1,500 crore for a 30 per cent stake in International Cargo Terminals and Infrastructure Pvt Ltd, a unit of Mu...
Source: thehindubusinessline.com