Bain-backed Dalmia bid said to win lenders' backing for Binani

Bain-backed Dalmia bid said to win lenders' backing for Binani

Photo: Bloomberg

Most creditors of India’s Binani Cement Ltd., which is being sold under the country’s insolvency process, will support the bid by an investor group backed by Bain Capital, people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter