IPOs & Markets

Carlyle affiliate to sell up to $1.2b stake in Hexaware Tech’s India IPO

Carlyle acquired a controlling stake in Hexaware in 2021.

Deals

BPEA sells remaining stake in Indian IT services firm Coforge for $924m

BPEA EQT and co-investors acquired a 70.1% stake in Coforge in May 2019.

Private Equity

Baring PE Asia weighs $7-8b merger of two portfolio companies

BPEA has notified Tricor and Vistra's creditors about the merger plan.

Private Equity

Bidders said to have weighed offers valuing Toshiba at up to $22b

KKR, BPEA, Blackstone, said to have submitted initial bids.

Private Equity

Employees Retirement System of Texas commits $50m to BPEA’s eighth buyout fund

The fund will target buyouts of companies across China, India, Japan, Korea, SE Asia, and Australia.

Private Equity

Baring PE Asia to buy Tricor from Permira in $2.8b deal

BPEA won a competitive bidding process for the asset, which Permira bought in 2017 for $838 million.

Private Equity

BPEA Real Estate raises $1.2b for China-based logistics platform

Forest Logistics has already acquired 12 sites with about 1 million sq m of GLA.

Private Equity

Baring PE Asia offloads 3.14% stake in IT services firm Coforge for $84m

Baring PE Asia entity Hulst BV held a 63.99% stake in Coforge.

Private Equity

Baring PE Asia raising India-dedicated credit fund

The first close of the new Rs500 crore fund is expected in the March quarter.