HNA's IT services arm attracts interest from Digital China, Tech Mahindra

HNA's IT services arm attracts interest from Digital China, Tech Mahindra

FILE PHOTO: The HNA Group logo is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

HNA Group Co.’s sale of its technology outsourcing arm has attracted interest from suitors including Digital China Group Co. and Tech Mahindra Ltd., people familiar with the matter said.

Buyout firm Advent International and some Chinese investment funds have also been weighing offers for HNA’s Pactera Technology International Ltd. unit, according to the people. The embattled Chinese conglomerate has asked for second-round bids within the next few weeks, the people said, asking not to be identified because the information is private.

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