June 5, 2020 / 4:37 AM / a month ago

REFILE-India's Hexaware Technologies gets go-private bid, shares soar 20%

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BENGALURU, June 5 (Reuters) - 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 285 rupees 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 here (Reporting by Chris Thomas in Bengaluru; Editing by Shailesh Kuber)

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