India: Singapore's GIC, Bain combine to outbid Advent for $300m Quest deal

India: Singapore's GIC, Bain combine to outbid Advent for $300m Quest deal

Visual from Quest Global website

Private equity major Bain Capital has partnered with Singapore’s state investment arm GIC to battle the competing bid from Advent International for a 26% stake in Bangalore-based engineering outsourcing firm Quest Global for about $300 million, said a report in The Times of India.

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