JSA, SAM, Ropes lead on Baring PE acquisition of NIIT Tech for 2,627 crores

JSA, SAM, Ropes lead on Baring PE acquisition of NIIT Tech for 2,627 crores

Baring Private Equity Asia (BPEA) is buying about 30% stake in mid-sized IT services firm NIIT Technologies from NIIT Ltd and other promoter entities for about ₹2,627 crore and make an open offer thereafter to increase it stake up to 56% for total consideration ₹4,890 crore.

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