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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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W.L. Ross buys majority stake in chemicals and plastics distributor Nexeo

2016-03-18 18:03:07| Canadian Plastics Headlines

Investment firm W.L. Ross Holdings Corp. has bought a majority stake of plastics and chemicals distributor Nexeo Solutions for about US$1.6 billion. New York City-based W.L. Ross, which is run by billionaire investor Wilbur Ross, said it is buying the… The post W.L. Ross buys majority stake in chemicals and plastics distributor Nexeo appeared first on Canadian Plastics.

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McCain Foods takes majority stake in Dutch frozen snacks maker Van Geloven

2016-03-10 16:31:32| Food - Topix.net

The stake was sold to McCain by private-equity firm Towerbrook Capital Partners. Towerbrook said it would remain a shareholder in the business and "continue to support Van Geloven in its expansion plans".

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Pernod Ricard takes majority stake in Black Forest Distillers' Monkey 47

2016-01-29 15:15:10| Beverages - Topix.net

Pernod Ricard has agreed to take majority control of German dry-gin brand Monkey 47, from owners Black Forest Distillers. The deal, for an undisclosed sum, was signed yesterday in Berlin and is subject to regulatory approval, Pernod said today.

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