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...
20 Dec, 2012, 10.31 AM IST
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.
06 Nov, 2012, 05.15 AM IST
- US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delisting
Elliott Management Corp has picked up a 9.4% stake in Patni Computer Systems, possibly scuppering iGate Corporation's efforts to delist the...
30 Jan, 2012, 12.43 AM IST
- iGate completes acquisition of Patni Computers
Nasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.
13 May, 2011, 12.52 PM IST
- iGate falls 11% after Patni deal
Nasdaq-listed IT services provider iGate Corp was hammered by US investors and its shares fell 11% following its announcement to buy larger...
12 Jan, 2011, 06.57 AM IST
- iGate's Patni buy fails to cheer its US investors
Nasdaq-listed IT services provider iGate was hammered by US investors & its shares fell 11% following its announcement to buy Patni.
12 Jan, 2011, 04.21 AM IST
- iGate & Apax to walk away with Patni for $1.2 bn
After months of speculation and anxious moments for investors, employees and customers of Patni Computer Systems, iGate became the new owne...
11 Jan, 2011, 02.20 AM IST
- Patni loses momentum, ends 0.82 pc up on BSE
Shares 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.
10 Jan, 2011, 08.01 PM IST
- Patni-iGate buyout deal valued at $1.22 bn
iGate's Phaneesh Murthy said the company has committed financing of $750 mn for acquisition. Value includes of an open offer for another 20...
10 Jan, 2011, 02.34 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-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
- 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...
03 Jan, 2011, 01.00 AM IST
- iGate to control Patni with 60% stake buy
Nasdaq-listed iGate Corporation will sign definitive agreements to buy a controlling stake in Patni Computer Systems on Monday.
31 Dec, 2010, 01.40 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 likely to win controlling stake in Patni Computers
Nasdaq-listed iGate Corporation may end up as the winner of controlling stake in Patni Computer Systems after the promoters decided not to ...
26 Dec, 2010, 12.29 AM IST
- iGate scrip hammered on Patni integration fears
iGate, which counts GE among its top customers and is in talks with promoters of Patni Computer Systems for a potential acquisition, saw it...
02 Dec, 2010, 09.17 AM IST