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Baring Private Equity Asia looking to buy stake in NIIT Technologies: Report

17 Jan 2019 Evaluate

Baring Private Equity Asia, a largest regional growth equity firm in Asia, is reportedly looking to acquire NIIT Technologies, in an acquisition deal of Rs 8,000-10,000 crore. The entity will buy 30.58% stake held by the promoters of the company.

NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, Europe, Asia, and Australia. NIIT Technologies services clients in travel and transportation, banking and inanely, services, insurance.

Peers
Company Name CMP
TCS 2463.00
Infosys 1161.60
HCL Technologies 1378.00
Wipro 184.40
Tech Mahindra 1788.00
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