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Baring PE acquiring Virtusa Corp (NASDAQ: VRTU)
  • Baring PE will be acquiring Virtuas’ outstanding common stocks for $51.35 per share in an all-cash transaction
  • The $51.35 per share implies the 16.2x Firm Value / Trailing Twelve Months EBITDA as of June 30, 2020.
  • The transaction is expected to close in the first half of 2021.
September 12, 2020

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