September 11 - 15:09
Global IT services outfit Virtusa to be bought for $2 billion
Baring Private Equity Asia (BPEA) has a greed a deal to buy global IT services provider Virtusa for $2 billion. BPEA is one of the largest independent private equity firms in Asia with approximately $20 billion of assets under management. The transaction, which is expected to close in the first half of 2021, is subject to the approval of Virtusa’s shareholders, customary regulatory requirements.
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