Wednesday, March 22, 2006

General Atlantic LLC has agreed to invest $67.6 million in India-based IT & BPO services provider, Hexaware Technologies.
Under the terms of the proposed investments by GA in Hexaware the $ 67.6 mn investment would be through preferential allotment of 14.99% equity stake post conversion. The deal values Hexaware at a capitalization of $ 450 million.

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