Carlyle Group selects JPMorgan and Kotak Mahindra for Hexaware IPO, valued at $6B, potentially in Q4.
Carlyle Group selects JPMorgan Chase & Co. and Kotak Mahindra Bank to help arrange Hexaware Technologies' IPO in Mumbai this year, potentially valued at $6B. The US investment firm plans an IPO as early as Q4, aiming to raise $1B and potentially making it the biggest IPO in India since 2022. The offering may help Carlyle pare its holding in Hexaware, though plans are at an early stage and could change.
April 14, 2024
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