BPEA EQT: Baring Asia makes successful exit from CMS Info Systems
The company offloaded its remaining 26.7% holding through a block deal and the sale, estimated to be worth ₹1,503.8 crore, was conducted at a floor price of ₹370 per share, a 7% discount from the Monday's closing price on NSE.
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BPEA EQT is a Hong Kong-based private equity firm that makes investments in sectors such as real estate and hospitality.
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