Blackstone buys 74% in ASK Group for $1 billionWall Street major Blackstone currently has around $50 billion assets under management. The company in the last 10 years has pumped in aroun...
25 Aug, 2021, 06.18 AM IST
Carlyle leads race to scoop up Hexaware with $3 bn bid. A deal would be largest PE buyout in India outside infraPrivate equity group Carlyle has emerged as the frontrunner to acquire Hexaware Technologies from its PE owner Baring Private Equity Asia (...
19 Aug, 2021, 08.39 AM IST
Big Tech joins India's fightFrom Big tech firms pledging support for India's fight against Covid, to Blackstone's big bet on Mphasis and Lead School & Bizongo landing ...
26 Apr, 2021, 07.45 PM IST
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...
09 Mar, 2021, 07.35 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
Brookfield, Bain, Carlyle & Permira queue up for likely $3 billion Mphasis buyoutFour funds short-listed after initial bids, diligence ongoing before binding offers next month.
04 Jan, 2021, 07.29 AM IST
Blackstone mulls Mphasis exit as stock up 3x in 4 yearsAt CMP, PE fund’s 56% stake is worth Rs 13,752 crore. Move to trigger an open offer; KPMG vendor dilligence begin .
23 Nov, 2020, 05.11 PM IST
Carlyle, Apax, Temasek in race for KPIT Tech dealM&A deals have picked up momentum in the vertical (Bain and Advent buying into Quest Global and HCL acquiring Geometric) as the industry is...
01 Sep, 2016, 11.08 AM 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
PE firms Blackstone, Apollo close in on Mphasis for a billion dollar buyPrivate equity buyout firms Blackstone and Apollo Global Management have emerged as strong contenders to acquire IT services company Mphasi...
10 Mar, 2016, 04.00 AM IST
Blackstone, Apollo in race with Tech Mahindra to acquire MphasisBlackstone and Apollo are in the race to acquire Mphasis after HP revived plans to sell its controlling 60.4% stake in the subsidiary.
04 Feb, 2016, 04.00 AM IST
Ex-executives may face off to buy MphasiSThe past and the present leadership of MphasiS may face off in a takeover bid for the IT services company with revenues of over $1 billion.
21 May, 2013, 11.20 AM IST
HP eyes $1 billion sale of MphasiS stakeHP's move is said to attract the interest of buyout private equity funds like TPG Capital, Carlyle Group and Advent, they added.
26 Apr, 2013, 10.10 AM IST
- HCL to jostle with PE duo for Cambridge
With the Rs 160 a share tag, Cambridge Solutions is looking at a valuation of around $420 million.
07 Jun, 2007, 01.10 AM IST
- IT's a big draw for M&As, PE bytes
Both private equity and M&A deals in the sector have risen substantially in the last one year.
20 Nov, 2006, 01.40 AM IST