Bain Capital likely to sell $267 million worth stake in Axis Bank on Thursday: Report

Bain Capital is reportedly set to sell its 0.7% stake, worth $267m, in Axis Bank through a block deal at a discount of up to 1.4% to current market price. The share sale will offer 22.5 million shares at Rs964 ($13) to Rs977.70 ($13.14) apiece.