Author: Kharla Marasigan

Baring Private Equity Asia (BPEA), one of the largest and most established private alternative investment firms in Asia, announced that it has completed the acquisition and privatisation of Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions. In conjunction with the closing, Virtusa’s common stock ceased trading before the market opened on February 11, 2021 and the company will no longer be listed on the NASDAQ stock exchange. Virtusa will operate as a privately-held company. Following the take private, Virtusa’s strategy will remain focused on building on its high performing technical talent base and…

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