India: Baring PE Asia looks to acquire NIIT Tech at $1.4b valuation

India: Baring PE Asia looks to acquire NIIT Tech at $1.4b valuation

Baring Asia

Baring Private Equity Asia Ltd is likely to acquire NIIT Technologies Ltd in a deal that may value the IT solutions company at ₹8,000-10,000 crore, said two people with direct knowledge of the matter. Credit Suisse has been given the mandate by NIIT to find a suitable buyer, the people said, requesting anonymity.

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