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IGATE PATNI DEAL
IGate staff see a ray of hope in acquisitionA Pune-based employee remembers the company, before the Patni acquisition, as a small setup which was trying to compete with the larger pla...- Phaneesh Murthy's fast-track integration of Patni with iGate not going down well with investorsPhaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.
- 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...
- Weyerhaeuser NR signs $30 mn deal with iGATE PatniiGATE Patni will leverage its on-demand infrastructure services capability to help Weyerhaeuser’s IT organization respond to a dynamic busi...
- 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.
- SEBI approves iGate's Patni takeover dealThe aggregate price for the shares to be purchased in the open offer, assuming full tender, is estimated at $301 million.
- iGate kicks off integration with Patni ComputersIndustry watchers say iGate might have to deal with high attrition and loss of clients and how it tackles this challenge will be key to suc...
- iGate employees to get 125% of variable payA day after his deal with Patni Computer, iGate CEO Phaneesh Murthy provided a mega treat to his employees.
- Patni - iGate: It's a win-win deal for both companiesThe integration of Patni Computer Systems with iGATE, expected to be completed in 12 months, offers multifold synergies to the combined ent...
- 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...
- 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...
- 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.
- 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.
- Delay in iGate-Patni Computer dealNasdaq-listed iGate, which was expected to announce the acquisition of a controlling stake in Patni Computer Systems at a media conference ...
- 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...
- iGate scrip hammered on Patni integration fearsIGate saw its shares plunge by over 20% on Tuesday on concerns of integration with a rival double its size.
- iGATE eyes Patni, in talks with Deutsche Bank, Apax PartnersA potential acquisition by iGATE could create a combined entity with annualized revenues of over $1 bn, making it the latest entrant to Ind...
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