India: Baring Private Equity Asia sells 6.27% stake in Coforge for $118m

India: Baring Private Equity Asia sells 6.27% stake in Coforge for $118m

A generic picture of a woman working in an office sitting at her desk typing on a computer. REUTERS/Catherine Benson/Files

Hulst BV, part of private equity investor Baring Private Equity Asia (BPEA), on Monday sold 38 lakh shares or 6.27% of Coforge Ltd, earlier known as NIIT Technologies, for 878 crore through block deals.