Bain Gets FTC Approval For $1B Genpact Stake Buy

Law360, New York (September 7, 2012, 6:17 PM EDT) -- Bain Capital Partners LLC on Thursday earned U.S. antitrust approval for its $1 billion purchase of a 30 percent stake in Indian outsourcing technology manager Genpact Ltd. from two fellow private equity firms.

The Federal Trade Commission cleared two of the Boston-based Bain's funds — Bain Capital Partners Asia II LP and Bain Capital Partners X LP — to make the Genpact stake buy, according to a notice published on the agency's website.

The clearance comes in the form of early termination of the waiting period...
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