Bain Capital and Carlyle Group bids for Adani capital
Sources indicate that Bain Capital and Carlyle Group Inc., both reputed firms, find themselves among potential acquirers eyeing a controlling interest in Gautam Adani’s shadow bank, commonly referred to as Adani Capital. Motivated by a desire to minimize liabilities while increasing focus on existing enterprises, this vital move has been triggered after scrapping their initial public offering plans following detrimental allegations made by short sellers resulting in considerable erosion of market value.