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IGATE APAX
iGate's largest investor Apax looking to liquidate stake in firmiGate filed an 'automatic shelf registration' with SEC announcing Apax's desire to have an option to liquidate its stake in the firm.- Apax confident iGate will survive Phaneesh Murthy-gate turmoiliGate had entered into a pact with Apax for part-financing over $ 1.2 billion buyout of a larger rival Patni Computer Systems in 2011.
- Rough road ahead for iGate post Phaneesh Murthy's sexual harassment scandalThe company has lost one $200 million technology outsourcing contract they had recently won and is likely to lose another one of similar va...
- Apax buys more stake in iGateThe investment gives Apax rights to hold around 26% stake in the offshoring company. This remains the largest PE-backed buyout in India til...
- Apax Partners to introduce iGate to opportunities: Shashank SinghApax is focusing on helping iGate get more business from its own portfolio firms globally, Singh said.
- US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delistingElliott Management Corp has picked up a 9.4% stake in Patni Computer Systems, possibly scuppering iGate Corporation's efforts to delist the...
- iGate completes acquisition of Patni ComputersNasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.
- iGate falls 11% after Patni dealNasdaq-listed IT services provider iGate Corp was hammered by US investors and its shares fell 11% following its announcement to buy larger...
- iGate's Patni buy fails to cheer its US investorsNasdaq-listed IT services provider iGate was hammered by US investors & its shares fell 11% following its announcement to buy Patni.
- iGate & Apax to walk away with Patni for $1.2 bnAfter months of speculation and anxious moments for investors, employees and customers of Patni Computer Systems, iGate became the new owne...
- Patni loses momentum, ends 0.82 pc up on BSEShares of Patni Computer ended with just a 0.82% gain on after a consortium of iGate and Apax Partners acquired a 63% stake in the firm.
- Patni-iGate buyout deal valued at $1.22 bniGate's Phaneesh Murthy said the company has committed financing of $750 mn for acquisition. Value includes of an open offer for another 20...
- 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-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.
- iGate cancels announcement of deal with Patni"The significant corporate development that was set to be announced on Monday is off," iGate said in a brief statement tonight without assi...
- iGate to control Patni with 60% stake buyNasdaq-listed iGate Corporation will sign definitive agreements to buy a controlling stake in Patni Computer Systems on Monday.
- 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 likely to win controlling stake in Patni ComputersNasdaq-listed iGate Corporation may end up as the winner of controlling stake in Patni Computer Systems after the promoters decided not to ...
- iGate scrip hammered on Patni integration fearsiGate, which counts GE among its top customers and is in talks with promoters of Patni Computer Systems for a potential acquisition, saw it...
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