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PATNI DEAL
India bonds snap four-day rally on US-Iran war risksIndian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil...- India's IT majors shy of local buyoutsIndian IT majors have not pursued acquisitions of local peers vigorously, preferring instead to look overseas for large deals. And this des...
- iGate to retain brand Patni after brothers stake saleiGate will buy the entire 45.6% stake of Patni brothers -- Narendra Patni, Ashok Patni and Gajendra Patni -- along with General Atlantic's ...
- iGate, Patni to benefit from deal: AnalystsAnalysts said it is a better deal for iGate, since the combined entity will be worth almost a billion dollars, which can help swing large d...
- iGate set to announce Patni acquisition todayPatni Computer Systems is set to announce an ownership change on Monday with its promoters Patni brothers and private equity firm General A...
- iGate-Apax consortium likely to announce Patni deal on MondayiGate and Apax Partners are likely to finally announce its deal to buy a 63 per cent stake in Patni Computer Systems for an estimated $ one...
- iGate deal to end period of uncertainty for Patni shareholdersConclusion of an estimated USD 1 billion deal for acquisition of a majority stake in Indian IT services firm Patni Computer Systems by a co...
- Heard on the StreetThe deal is likely to be done at Rs 500-506 a share, two people with direct knowledge of the development said.
- Avoid trading in Patni for now: Deepak MohoniI would not trade Patni at all at this stage. It has not been too bad a long-term stock but when it comes to the short or medium term, I do...
- iGate-Patni deal: Tax tangle may delay the deal by a weekThe tax issues relate to Narendra Patni’s holdings in Patni Computer Systems, which are held through a US firm, Isolutions.
- Patni Board to meet on Monday to approve sale to iGateiGate corporation will buy around 60% stake in the company from the founders and private equity investor General Atlantic.
- iGate set to acquire Patni Computer in $1 bn dealThe deal marks culmination of efforts made by promoters and PE firm General Atlantic to sell their stake in Patni since 2007.
- iGate all set to win Patni deal after Advent walks out: SourcesSources on Friday said that iGate is all set to win the Patni deal after Advent walked out. The deal could reportedly be valued at over $1 ...
- Patni Computer Systems shares rise after bidPatni 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-ApaxThe 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 Computer bid in last stage, new owner likely this weekThe bids are expected to be near the market price, at around Rs 500 a share or a little above it. Patni shares closed at Rs 482.50 on BSE o...
- Patni's iGate-PE sale deal faces no compete bumpNarendra Patni's son, Anirudh, who quit PCS last year after differences with the management, is believed to be keen on pursuing his IT sect...
- CEO hunt to add fuel to Patni fireThe Patni stake sale saga may have ended, but differences among the three brothers over the way forward look set to intensify.
- Patni brothers find no PE exit routeThe Patni Computer Systems stake sale is a caught in an impasse. Although the two Patni brothers, Ashok Patni and Gajendra Patni, have deci...
- Apax eyes Patni pie, may pay $800 mnUK-based private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computers Systems for over $...
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