Bain Capital Eyes 40% Stake in Genpact for $1.6 Billion

Date : 07/30/2012 @ 6:50PM
Source : Dow Jones News
Stock : General Electric Company (GE)
Quote : 29.55  0.0 (0.00%) @ 5:07AM

Bain Capital Eyes 40% Stake in Genpact for $1.6 Billion

Genpact Limited (NYSE:G)
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Bain Capital LLC might announce as soon as this week a deal to purchase a $1.6 billion, or 40%, stake in computer-services company Genpact Ltd. (G) from General Atlantic LLC and Oak Hill Capital Partners, Bloomberg News reported Monday citing a person with knowledge of the matter.

Spokesmen for Bain and Oak Hill declined to comment to Bloomberg, as did a spokeswoman for General Atlantic.

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