Asia-focused investment firm Baring Private Equity Asia (BPEA) has signed definitive agreements to acquire about 30 per cent stake in Indian software services company NIIT Technologies Ltd for $381 million (Rs 2,627 crore). Baring Private Equity Asia’s association will support the existing management team in capturing the opportunities in an increasingly digital world.
Baring PE Asia buys 30% stake in NIIT Tech for $381m, makes open offer
Date posted: Monday 8 April 2019