BA to sell 70% stake in Indian unit to Warburg Pincus

British Airways PLC said it is to sell a 70% stake in World Network Services (WNS), its India-based data management company to Warburg Pincus, the private equity group.

Thu, 04 Apr, 2002 - 12:35

British Airways PLC said it is to sell a 70% stake in World Network Services (WNS), its India-based data management company to Warburg Pincus, the private equity group.

BA plans to retain a 30% shareholding in WNS.

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CourtsHeathrowPlace: IndiaOrganisation: BAOrganisation: Warburg PincusOrganisation: British Airways PlcOrganisation: WNS
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