Monday, April 4, 2016

Blackstone takes control of India's Mphasis in up to $1.1 billion deal

MUMBAI (Reuters) - Blackstone Group is buying a majority stake in Indian IT outsourcing services provider Mphasis Ltd from Hewlett Packard Enterprise Co in an up to $1.1 billion deal, in the U.S. asset manager's single-biggest investment in India.











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