Bain, Carlyle in race to buy Sutures India for $425m

Bain, Carlyle in race to buy Sutures India for $425m

Photo: Hemant Mishra/Mint

Private equity (PE) funds Bain Capital LP, Swiss fund Partners Group AG, Advent International Corp. and Carlyle Group are in the race to acquire surgical equipment maker Sutures India Pvt. Ltd in a deal worth about $425 million (Rs2,740 crore), according to two people aware of the development.

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