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Feb 03, 2023

Bain Capital on its exit from JM Baxi where Hapag-Lloyd will be acquiring shares from Bain Capital

AZB & Partners is acting for Bain Capital on its exit from JM Baxi Ports And Logistics Limited (“JM Baxi”), where Hapag-Lloyd will be acquiring shares from Bain Capital and coming into in JM Baxi as a comprehensive strategic partner. This would be Bain’s first “private” exit in India.

The transaction team comprised our Partner Qais Jamal, Associates Shreshth Bhartia, Anant Pratap Singh and Aarushi Sahu. They were assisted by our Partner Gaurav Bansal, Senior Associate Shivam Jha and Associate Shivangi Pradhan on the competition law aspects.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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