Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout

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A sovereign wealth fund is coming in as the second co-investor in Baring Private Equity Asia’s $2 billion acquisition of Nasdaq-listed software services and digital engineering company Virtusa Corporation. Baring Asia had agreed in early September to acquire Virtusa for $51.35 per share in an all-cash transaction. The transaction is likely ......