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

Date: 17-01-2019

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.