BPEA sells remaining stake in Indian IT services firm Coforge for $924m

BPEA sells remaining stake in Indian IT services firm Coforge for $924m

Photo by Micheile Henderson on Unsplash

Hong Kong-based private equity firm BPEA EQT on Thursday said it has sold its remaining stake of 26.6% through a $924-million block deal. This comes after the firm sold 3.5% of its stake in Coforge (formerly called NIIT Technologies) for $108 million in a secondary market transaction in May.

Edited by: Joymitra Rai

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