MphasiS Ltd (MBFL.NS)
Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its cloud services business and other fast-growing units.
May 24 Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its cloud services business and other fast-growing units.
April 4 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
MUMBAI 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.
* Mphasis shares end down 2.9 pct, after rising 11 pct since March (Adds details from conference call, analyst reaction)
MUMBAI, April 4 Blackstone Group LP has agreed to buy a majority stake in Indian IT outsourcing services provider Mphasis Ltd from Hewlett Packard Enterprise Co, in a deal that will cost up to $1.1 billion.
* Hewlett Packard Enterprise to divest its equity stake in Mphasis to Blackstone
March 18 The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Friday:
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03182016.pdf FACTORS TO WATCH 10:00 am: Finance Minister Arun Jaitley to inaugurate sixth national community radio sammelan. 11:00 am: Finance Minister Arun Jaitley and NITI Aayog Chief Executive Amitabh Kant at Skoch summit. 11:00 am: Finance Ministry and RBI officials meet to discuss steps to boost gold monetisation scheme. 12:00 pm: Transport Minister Nitin Gadkari br
MUMBAI Blackstone Group LP is nearing a deal to acquire Hewlett Packard Enterprise's (HPE) controlling stake worth about $940 million in Indian IT outsourcing services provider MphasiS Ltd , according to three sources directly involved in the deal.
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MphasiS Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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Provider : Spark Capital Advisors(India) Private Limited
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