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    Hexaware Technologies gets go-private bid, shares soar 20%

    Synopsis

    HT Global IT Solutions, which held 62.4% in Hexaware as of March 31, has offered Rs 285 per share.

    gain-grow-rise---gettyGetty Images
    IT firm Hexaware Technologies Ltd said on Friday it was considering a buyout proposal from promoter HT Global IT Solutions Holdings Ltd.
    BENGALURU: IT firm Hexaware Technologies Ltd said on Friday it was considering a buyout proposal from promoter HT Global IT Solutions Holdings Ltd, sending its shares up as much as 20%.

    HT Global IT Solutions, which held 62.4% in Hexaware as of March 31, has offered Rs 285 per share, or a 9.8% premium to Thursday's close, to buy the remaining shares of the company, Hexaware said in a regulatory filing.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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