Bain Capital sells stake in India's JM Baxi Ports & Logistics to Hapag-Lloyd

Bain Capital sells stake in India's JM Baxi Ports & Logistics to Hapag-Lloyd

Source: Upadek Matmy/Unsplash

Global private equity firm Bain Capital is selling its stake in the Indian maritime logistics player JM Baxi Ports & Logistics (JMBL) to German shipping major Hapag-Lloyd.

Edited by: Pramod Mathew