Deals
Bain Capital Agrees to Purchase Stake in Genpact for $1 Billion
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Bain Capital Partners LLC agreed to buy a stake in outsourcing company Genpact Ltd. from General Atlantic LLC and Oak Hill Capital Partners LP for $1 billion.
Bain, a private-equity firm, is buying about 30 percent of Genpact’s stock outstanding for $14.76 a share, according to a statement. The transaction is expected to close this year after a special dividend of $2.24 a share to all shareholders, including General Atlantic and Oak Hill.