Blackstone, ChrysCapital, others in fray for majority stake in precision manufacturing firm Rabwin...

Blackstone, ChrysCapital and others are in the fray for a majority stake in precision manufacturing firm Rabwin Industries.

Promoters of Rabwin Industries are looking to cede control, expecting a valuation between $240 million and $250 million.

The process is for a majority stake, indicating value-unlocking by promoters.