Acquisition will be done through Marble II Pte, part of Blackstone Group Competition Commission of India (CCI) has cleared private equity major Blackstone’s multi-billion dollar deal to buy over 50% stake in...
Blackstone acquires Mphasis from HP Enterprises
In order to expand in the information technology business, Blackstone announced that private equity funds managed by Blackstone have entered into a definitive agreement with Hewlett Packard Enterprise to buy a majority...
HPE to sell its stake in Mphasis to Blackstone for $825 mln
Hewlett Packard Enterprise to divest its equity stake in Mphasis to Blackstone * Blackstone has agreed to purchase at least 84 pct of HPE’s stake in Mphasis for INR 430 per share * HPE’s stake is valued at...
MphasiS acquires AIG’s IT arm in India
MphasiS, a Bangalore-based software services exporter, has announced that it has reached a definitive agreement with to acquire AIG Systems Solutions (AIGSS), part of US-based American International Group Inc. AIGSS is...
MphasiS to buy AIG Systems
IT services provider MphasiS Ltd said it has agreed to buy 100 per cent stake in AIG Systems Solutions Pvt Ltd for an undisclosed sum in an all-cash deal to strengthen its service offerings for the insurance sector. AIG...
Mphasis BFL equity shareholders approve Scheme of Amalgamation
Mphasis BFL equity shareholders approve Scheme of Amalgamation Mphasis BFL Ltd has informed BSE that equity shareholders of the Company at their Court Convened Meeting held on November 13, 2006 have approved the Scheme...
EDS makes open offer to buy 20% more in MphasiS
EDS makes open offer to buy 20% more in MphasiS Electronic Data Systems Corporation (EDS) on Thursday made an open offer to shareholders of MphasiS BFL Ltd to acquire 20 per cent more stake in the company at Rs 204.5 a...
Blackstone nears deal to buy HP’s stake in Mphasis for $940 mn
Blackstone Group LP is nearing a deal to acquire HP Inc’s controlling stake worth about $940 million (about Rs 6,248 crore) in Indian information technology (IT) outsourcing services provider Mphasis Ltd, according to...
Japan’s NEC Corp in talks to buy India’s Mphasis – CNBC TV18
Jan 8 Japan’s NEC Corp is in initial talks to acquire Indian IT services firm Mphasis Ltd , majority owned by HP Inc, CNBC TV18 reported on Friday, citing unnamed sources. Shares in Mphasis, in which HP has a 60.5...
Mphasis Acquires Digital Risk
Mphasis (an HP Company) is said to have acquired Florida-based Digital Risk LLC. Digital Risk is one of the largest independent providers of Risk, Compliance and Transaction Management solutions to the United States...
NCLT approves merger between Hinduja Group’s healthcare, real estate companies
The National Company Law Tribunal (NCLT) has approved the scheme of merger by absorption between Hinduja Group’s unlisted entities Hinduja Realty Ventures Ltd and Hinduja Healthcare Ltd. The order, delivered on...
Dashmani Media Amplifies Digital Dominance with Acquisition of Crazy 4 Bollywood, Crazy 4 TV, Bachelors Society, and Purvanchal Live
Dashmani Media Private Limited has strategically broadened its portfolio in the digital entertainment sector with the acquisition of four prominent content platforms: Crazy 4 Bollywood, Crazy 4 TV, Bachelors Society...