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Private equity firm

iGate acquires Patni

iGate acquires Patni

By Basab Pradhan on January 10, 2011

iGate announced its acquisition of a majority stake in Patni. iGate with Apax Partners, will acquire 63% of the company for the final price of Rs. 503.50 effectively valuing Patni, the company at $1.5 Billion. By Indian law, iGate will have to make an open offer to acquire an additional 21% of the company. With […]

Posted in Business, Featured Posts | Tagged Apax Partners, igate, India, M&A, Mergers & Acquisitions, Offshore Services, Patni, Private equity firm

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