Baring PE buys IT firm Virtusa for $2 billion

Baring Private Equity Asia (BPEA) is acquiring Nasdaq-listed IT services & digital engineering company Virtusa in an all-cash deal that values the transaction at $2 billion. The price per share is a premium of about 27% to the closing price of Virtusa’s stock on Wednesday.



September 11, 2020 at 09:29AM