Block Deal Buzz: Blackstone offloads 15% stake in Mphasis worth Rs 7,000 crore; stock drops 4%Global investment firm Blackstone likely sold a 15% stake in Mphasis, leading to a 3.7% share price drop. It's the year's second-largest bl...
10 Jun, 2024, 03.19 PM IST
Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 croreBlackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore through a block deal. Blackstone holds 55.45% in Mphasis. Mphasi...
07 Jun, 2024, 11.34 PM IST
Blackstone, ADIA, UC and GIC in talks to raise $1.1 bn loan for MphasisThe short-term credit facility could be extended up to five years and is likely to have shares and some form of assurance or commitment fro...
22 Jul, 2021, 06.27 AM IST
Mphasis acquisition talks hit impasse as Carlyle refuses to log inNegotiations between Blackstone Group and Carlyle Group for the biggest technology acquisition in India have hit a bump as Mphasis’ share p...
08 Mar, 2021, 06.01 AM IST
Carlyle emerges sole bidder to acquire Mphasis from BlackstoneCarlyle Group's offer to buy Blackstone’s 56.12% stake in Mphasis is believed to be at Rs 1,450-1,500 a share—lower than the closing share ...
25 Feb, 2021, 10.11 AM IST
Carlyle emerges frontrunner to acquire Mphasis from BlackstoneCarlyle Group is negotiating with at least half a dozen banks and a pension fund to buy out Blackstone’s stake in Mphasis. Binding offers d...
23 Feb, 2021, 06.31 AM IST
Blackstone pumps Rs 525 crore in Mphasis to buy more stakeBlackstone has acquired 4.01% stake in Mphasis for about Rs 525 crore ($69 million) after its share price fell more than one-third from its...
02 Apr, 2020, 11.53 PM IST
Mphasis owner Blackstone raises $500 million in bond saleInformation technology company Mphasis has raised $500 million by selling dollar bonds.
15 Jun, 2017, 06.47 PM IST
Blackstone, HP wrap up $1-billion Mphasis dealWhen contacted, Blackstone declined to comment, while HP and Mphasis were not immediately available for a comment.
02 Sep, 2016, 06.13 AM IST
Mphasis CEO wants to co-invest with Blackstone in $1billion dealMphasis CEO Ganesh Ayyar is open to co-investing with Blackstone Group while formalizing the acquisition of the IT services company he has ...
29 Jun, 2016, 10.46 AM IST
Blackstone-Mphasis deal gets CCI nodCompetition Commission has cleared private equity major Blackstone's multi-billion dollar deal to buy over 50 per cent stake in Mphasis fro...
20 Jun, 2016, 07.44 PM IST
Mphasis hires former Persistent executive Yesh Subramanian as head of digitalSubramanian was previously Senior Vice President of Digital Business Solution for Platforms at Persistent Systems.
11 May, 2016, 01.13 PM IST
Mphasis CEO promises to ensure that its decentralised leadership style survives post Blackstone dealMphasis had identified 17 executives in the rung below its ten-member executive committee and empowered them to take decisions without high...
15 Apr, 2016, 09.06 AM IST
With $1-bn Mphasis buy, Blackstone makes its boldest bet in IndiaEdging past peer Apollo Global Management — the other serious contender — Blackstone on Monday signed a definitive agreement with HPE.
05 Apr, 2016, 05.34 AM IST
Blackstone says no plans to replace current Mphasis management after $1.1 billion-buyoutBlackstone’s India co-head of private equity Amit Dixit said that Blackstone has no immediate plans of delisting Mphasis from stock exchang...
04 Apr, 2016, 02.56 PM IST
Blackstone to buy Mphasis in deal worth as much $1.1 billionHP Enterprises owns about 60.5% of Mphasis’ shares. Blackstone said it had agreed to pay Rs 430 per share to the US technology company.
04 Apr, 2016, 12.57 PM IST
Blackstone emerges as strongest contender to acquire Mphasis from Hewlett Packard EnterpriseBlackstone has emerged the strongest contender to acquire IT services firm Mphasis from Hewlett Packard Enterprise in a deal that could be ...
17 Mar, 2016, 02.11 PM IST