TPG-backed Sai Life Sciences picks 4 I-banks; to soon kick off Rs 5,000 cr-Rs 5,500 cr IPO Before switching to the listing route, TPG-backed Sai Life Sciences had explored the sale of a controlling stake in the firm and conducted a sale process, which resulted in Bain Capital emerging as the front-runner in the final leg, according to a January 25 report by Moneycontrol. But talks between both parties did not fructify into a deal


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