- iGate, Patni to benefit from deal: Analysts
Analysts 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...
10 Jan, 2011, 06.55 PM IST
- iGate set to announce Patni acquisition today
Patni Computer Systems is set to announce an ownership change on Monday with its promoters Patni brothers and private equity firm General A...
10 Jan, 2011, 02.16 AM IST
- iGate-Apax consortium likely to announce Patni deal on Monday
iGate 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...
09 Jan, 2011, 09.28 PM IST
- iGate deal to end period of uncertainty for Patni shareholders
Conclusion of an estimated USD 1 billion deal for acquisition of a majority stake in Indian IT services firm Patni Computer Systems by a co...
07 Jan, 2011, 06.40 PM IST
- Heard on the Street
The deal is likely to be done at Rs 500-506 a share, two people with direct knowledge of the development said.
07 Jan, 2011, 05.22 AM IST
- Avoid trading in Patni for now: Deepak Mohoni
I 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...
05 Jan, 2011, 01.07 PM IST
- iGate-Patni deal: Tax tangle may delay the deal by a week
The tax issues relate to Narendra Patni’s holdings in Patni Computer Systems, which are held through a US firm, Isolutions.
04 Jan, 2011, 06.45 AM IST
- Patni Board to meet on Monday to approve sale to iGate
iGate corporation will buy around 60% stake in the company from the founders and private equity investor General Atlantic.
30 Dec, 2010, 04.07 PM IST
- 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.
28 Dec, 2010, 02.36 AM IST
- iGate all set to win Patni deal after Advent walks out: Sources
Sources 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 ...
25 Dec, 2010, 03.18 AM IST
- 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...
24 Dec, 2010, 10.41 AM IST
- 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...
24 Dec, 2010, 12.38 AM IST
- Patni Computer bid in last stage, new owner likely this week
The 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...
20 Dec, 2010, 06.00 AM IST
- 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...
30 Nov, 2010, 11.00 AM IST
- CEO hunt to add fuel to Patni fire
The Patni stake sale saga may have ended, but differences among the three brothers over the way forward look set to intensify.
02 Nov, 2007, 12.11 AM IST
- 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...
15 Jun, 2007, 02.11 AM IST
- Apax eyes Patni pie, may pay $800 mn
UK-based private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computers Systems for over $...
06 Jun, 2007, 01.10 AM IST