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Bain Capital, a private equity company, is set to unload its entire stake in Axis Bank, Reuters reported. Expected to be worth nearly US$429 million, this marks Bain’s exit from the Indian bank since its first investment in 2017.

Included in this sale are roughly 33.4 million shares, which is over 1% of Axis Bank’s total stake. Proposed prices range from 1,071 rupees to 1,076.05 rupees (US$12.86 to US$12.92) per share, slightly lower than the bank’s closing price on Monday.