Tech
Hexaware’s PE investors have made money. Will the retail reap benefits too?
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Synopsis
As Hexaware’s lock-in period for its shares comes to an end in a month, a niggling question remains — its private equity owners have earned the value of their turnaround, so what will the company need to do next to make sure its public shareholders also benefit?
After a long stretch away from the public eye, mid-tier IT services company Hexaware returned to the public markets last month. The largest Indian IT IPO since Tata Consultancy Services saw strong interest, its shares…
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