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US Private equity

13 Jun 2014

Bain sues EY over USD $60 mn loss in Lilliput Kidswear

Global private equity firm Bain Capital Partners LLC is suing EY in a United States court, claiming that the auditing firm cost it roughly USD 60 million by advising it to invest in Lilliput Kidswear, a children`s clothing company in India.

US Private equity

12 Jun 2014

Bain to sell stake in Hero MotoCorp worth up to $393 mn

The private equity firm is offering the Indian company`s shares in the indicative price band of 2,582 rupees to 2,717 rupees each, it said, a discount of as much as 5 percent from its closing price on Thursday.

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