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.
26 Apr, 2021, 12.15 PM 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
Top five corporate deals of 2016Here are the top five deals of the year:
09 Dec, 2016, 01.01 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
Intelenet sees a space in robotics and mobilityThe BPO firm looks at doubling its revenue to $1 billion in the next four-five years from the current $430 million.
25 Jul, 2016, 11.33 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
Blackstone makes Choices that Generate Shareholder Value: Mphasis CEO Ganesh AyyarMphasis CEO Ganesh Ayyar spoke to ET about the progress of the deal, the change it will bring to Mphasis and the road ahead with Blackstone.
28 May, 2016, 12.00 PM 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
Mphasis ends 3% down on Blackstone acquisitionMphasis stock closed nearly 3 percent after private equity firm Blackstone said it will buy out HP Enterprise's stake in the firm for up to...
04 Apr, 2016, 06.56 PM IST
MphasiS surges as Blackstone initiates open offer to buy 26% stakeA consortium led by Blackstone values the company at Rs 9653.84 crore, which is in line with company’s current market capitalisation of Rs ...
04 Apr, 2016, 04.09 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
Tech Mahindra leads race to buy MphasisTech Mahindra, Apollo Global Management and Blackstone Group are in the midst of due diligence before submitting final binding offers soon.
07 Mar, 2016, 11.59 AM IST