Bain Cap must address stakes in arms for Manappuram buy
MUMBAI: Bain Capital will need to address its holdings in Tyger Capital and Tyger Housing Finance, acquired from the Adani group, to meet regulatory pre-conditions set by RBI for completing its proposed acquisition of joint control in Manappuram Finance, according to disclosures after the central bank granted approval.RBI has cleared Bain entities to acquire up…