Macrotech buys out Bain Capital stake in 3 digital infra entities
Thu, Nov 7, 2024 11:16 AM

Macrotech buys out Bain Capital stake in 3 digital infra entities

A Flip by Shubhangi Gupta
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Real estate developer Macrotech Developers Ltd announced that it has purchased the entire stake held by private equity major Bain Capital in three of the company's digital infrastructure subsidiaries for a total consideration of Rs 307 crore. The buying out of Bain Capital is part of the company's longer-term strategy of increasing annuity income to Rs 1,500 crore per year.

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