BPEA generates $333m through Coforge partial exit
Baring Private Equity Asia (BPEA) has made another partial exit from Indian IT solutions business Coforge, generating INR 25.6bn (USD 333.5m) in proceeds and reducing its position in the company below 50%.
The GP sold 6m shares across two tranches, priced at INR 4,261 per share and INR 4,273 per share, respectively, according to bulk trading data released by BSE. It retains approximately 24.4m shares, or...
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