Bain Capital battles Blackstone to buy Piramal Glass

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Credit: 123RF.com

US-based private equity firm Bain Capital has joined bigger rival Blackstone Group Inc. in the race to take control of the glass packaging unit of billionaire Ajay Piramal-led Piramal Enterprises Ltd, two people aware of the matter said. Bain Capital has made a non-binding offer of a little less than $1 ......

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