Baring PE to acquire 30% stake in NIIT Tech

Name: Baring PE to acquire 30% stake in NIIT Tech
Uploaded: 2019-04-08T04:07:17+00:00
Duration: 13 min 43 s
Channel: CNBC-TV18
Description: Private equity firm Baring Private Equity Asia (BPEA) has signed an agreement with NIIT Technologies Limited to buy approximately 30 percent shareholding on a fully diluted basis in NIIT Technologies from NIIT Limited and other promoter entities at a price of Rs 1,394 per share, the IT firm said.

CNBC-TV18

Private equity firm Baring Private Equity Asia (BPEA) has signed an agreement with NIIT Technologies Limited to buy approximately 30 percent shareholding on a fully diluted basis in NIIT Technologies from NIIT Limited and other promoter entities at a price of Rs 1,394 per share, the IT firm said.

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