SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hexaware to approve Barings’ controlling stake buy-out offer: Report

23 Aug 2013 Evaluate

Hexaware Technologies, IT and Process outsourcing service provider, reportedly will approve, the proposal of Baring private Equity Partners Asia for acquiring controlling stake in the company for $400 million, in its board meeting today, i.e., August 23,2013. With this, the company finally will come to an end one-and-half year of negotiations it had with several financial and strategic players, including Japan's NEC and home grown L&T Infotech.

Barings reportedly will purchase 42% stake from the family of Hexaware founder Atul Nishar and private equity firm General Atlantic Partners. This will be followed by a mandatory open offer for an additional 26%. Meanwhile, Investment banks Credit Suisse and Morgan Stanley are Hexaware's advisors.

Hexaware Tech. Share Price

495.30 -1.35 (-0.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×