Carlyle said to weigh $1 billion IPO for Indian IT form Hexaware
Written by: Planify
Published: 27 March 2024
Updated: 27 March 2024
1 min read
Carlyle Group Inc. is considering options for Indian information technology firm Hexaware Technologies Ltd., including an initial public offering that could raise $1 billion, according to people familiar with the matter. The US investment form is speaking with potential arrangers to help prepare for an IPO in Mumbai this year or next, the people said, asking not to be identified as the matter is private. A share sale might value Hexaware at $4 billion or more.
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