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HPE to sell majority stake in Indian IT services provider Mphasis to Blackstone
2016-04-04 10:01:22| IT Services - Topix.net
Hewlett Packard Enterprise is to sell its majority stake in Indian IT services provider Mphasis to Blackstone Group, in a deal that will help the Palo Alto, California, company raise capital as well as continue to get services delivered from India. HPE said the purchase by Blackstone of its shares at rupees 430 a share values its 60.5 percent stake at about US$825 million.
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HPE sells Mphasis stake to Blackstone
2016-04-04 09:11:00| Telecompaper Headlines
(Telecompaper) Hewlett Packard Enterprise said it has agreed to its equity stake in Bangalore IT services Mphasis to the Blackstone Group. Blackstones has agreed to purchase at least 84 percent of HPE's stake in Mphasis for INR 430 per share. The private investor group will also buy the maximum amount of the remaining 16 percent stake that is permitted by Indian securities laws, subject to the outcome of a mandatory tender offer between signing and closing.
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Telenor edges closer to Vimpelcom stake sale
2016-04-04 02:00:00| Total Telecom industry news
Norwegian incumbent reportedly in talks with potential suitors; CEO eyes Vietnam, Indonesia.
Alcoa to sell stake in Australian gas pipeline operator DBP for $154m
2016-03-31 01:00:00| Hydrocarbons Technology
Alcoa of Australia has agreed to sell its stake in natural gas pipeline operator DBP to Duet Group in a transaction worth A$205m ($154m).
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gas
australian
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GVK divests 33% stake in Bangalore International Airport Limited in India
2016-03-30 01:00:00| Airport Technology
Indian company GVK Power and Infrastructure has agreed to sell 33% of its shares in Bangalore International Airport Limited (BIAL) to reduce the companys debts.
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