Carlyle said to weigh $1 billion IPO for Indian IT form Hexaware
27 March 2024
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.
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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