Bain Affiliates Pay $1B For Stake In Indian Outsourcing Co.

Law360, Los Angeles (August 1, 2012, 8:14 PM EDT) -- Affiliates of Bain Capital Partners LLC have reached a $1 billion deal to buy a 30 percent stake in Indian outsourcing technology manager Genpact Ltd. from General Atlantic LLC and Oak Hill Capital Partners LP, Genpact announced Wednesday.

The announcement that South Asia Private Investments and other Bain Capital affiliates had agreed to buy 68 million shares for $14.76 per share came three weeks after reports in the Indian press that Bain and private equity firm Apax Partners Holdings Ltd. were racing to put a deal...
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