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PATNI BROTHERS
- Apax Partners, iGate nominees to join Patni board
Our BureauMumbaiSOFTWARE provider Patni Computer Systems is set to announce the appointment of iGate representatives, Phaneesh Murthy and G...
- Delay in iGate-Patni Computer deal
Nasdaq-listed iGate, which was expected to announce the acquisition of a controlling stake in Patni Computer Systems at a media conference ...
- iGate set to acquire Patni Computer in $1 bn deal
The deal marks culmination of efforts made by promoters and PE firm General Atlantic to sell their stake in Patni since 2007.
- Patni Computer Systems shares rise after bid
Patni Computer rose as much as 3.2% after PE firms led by Carlyle were ahead in the race for a controlling stake with a bid of Rs 600 a sha...
- Patni bid: Carlyle group tops iGate-Apax
The Carlyle bid is higher than the iGate-Apax bid, which is believed to be around Rs 550 a share and without any non-compete clause tied to...
- Patni's iGate-PE sale deal faces no compete bump
Narendra Patni's son, Anirudh, who quit PCS last year after differences with the management, is believed to be keen on pursuing his IT sect...
- Patnis may get premium over NTT’s offer to GA
Patni may get a premium for selling their stake to Japanese strategic investor NTT Data Corp.
- Patni promoters in talks with global, local cos to sell out
Japanese strategic investors, clutch of US tech firms and L&T Infotech among companies in race. Key facts on India's IT industry | IT Buzz:...
PCS valuation pushes Patni brothers to open marketThe Patni brothers, Gajendra and Ashok Patni, have sold a 0.6 per cent stake in Patni Computer Systems on Monday and Tuesday, a possible in...
- Patnis want 25% premium, German Atlantic game for 10%
The Patni brothers are demanding higher premium for their stake in Patni Computers Services than what is being sought by General Atlantic, ...
- TPG, Apax make progress in Patni stake sale
The Patni transaction seems to be heading towards some conclusion with one section of the private equity firms in the race for the control ...
- Patni sale in sight as two brothers take backseat
The two brothers, who are exiting part of their holdings , wanted to continue to on the board even after their stake came down to below 5%.
- New dispute holds up Patni Comp stake sale
A fresh dispute among the Patni brothers over the rights of the new investor in Patni Computer Systems is delaying the stake sale process i...
- No progress seen on Patni stake deal
Nearly three months after the Patni brothers, Ashok & Gajendra Patni, decided to sell their stake in the country’s sixth-largest exporter P...
- Patni brothers to sell only 12% stake
PE & other investors looking to buy into the co may find only 10-12% stake available as against 44% earlier.
- Patni brothers find no PE exit route
The Patni Computer Systems stake sale is a caught in an impasse. Although the two Patni brothers, Ashok Patni and Gajendra Patni, have deci...
- Sibling rivalry threatens to unravel Patni
IBM, CSC, Blackstone & Carlyle look to buy stakes of Gajendra & Ashok Patni.