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BLACKSTONE MPHASIS STAKE
Blackstone raises its largest Asia PE fund; mops up $13.1 billionBlackstone has successfully raised its largest Asia private equity fund, securing $13.1 billion. This significant achievement surpasses the...
Blackstone pledges entire Mphasis stake to refinance loanSingapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with...
India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
Mphasis promoter entity pares 15% stake for Rs 6,735 croreBlackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction ...
Promoter Blackstone sells 15% stake in Mphasis for Rs 6,700 croreBlackstone held a majority stake in the IT firm at 55% as of March. Now it's down to 40%, but still, it's the largest shareholder. Mutual f...
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...
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...
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...
CCI approves BCP Topco, other entities' acquisition of stake in MphasisBCP Topco is a private limited company incorporated in Singapore and is linked to private equity major Blackstone.
Mphasis rallies 6% as Blackstone, others set to acquire majority stakeFollowing the development, Mphasis rose 6.32 per cent to hit a high of Rs 1,805 on BSE.
Blackstone said to call off Mphasis stake sale on valuationsBlackstone Group is said to have rejected the two bidders in the final round of Mphasis’ stake sale as their offers didn’t meet its expecta...
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 ...
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...
Mphasis eyes double-digit revenue from BlackstoneThe firm is working with 10 of Blackstone’s 95 portfolio firms and there is enough opportunity for expansion.
Blackstone sells 8% stake in MphasisBlackstone's holding in the company has fallen to 52 per cent from a little over 60 per cent.
Blackstone, HP wrap up $1-billion Mphasis dealWhen contacted, Blackstone declined to comment, while HP and Mphasis were not immediately available for a comment.
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...
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...
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.
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 ...