Global PE firm Bain Capital joins race to buy India's Piramal Glass

Global PE firm Bain Capital joins race to buy India's Piramal Glass

Piramal Group chairman Ajay Piramal. Photo: Aniruddha Chowdhury/Mint

Global private equity Bain Capital has joined the race to acquire a controlling stake in Ajay Piramal-promoted Piramal Glass Private Limited (PGPL), two people directly aware of the development told Mint, requesting anonymity as the discussions are private.