Blackstone to buy Mphasis in deal worth as much $1.1 billion
- 8 years ago
Private equity firm Blackstone said it struck a deal with Hewlett-Packard Enterprises to buy a majority stake in Mphasis, putting an end to the buyout battle for the Indian IT firm.
HP Enterprises owns about 60.5% of Mphasis'shares. Blackstone said it had agreed to pay Rs 430 per share to the US technology company.
ET NOW gets you more details.
HP Enterprises owns about 60.5% of Mphasis'shares. Blackstone said it had agreed to pay Rs 430 per share to the US technology company.
ET NOW gets you more details.