Sunday, April 25, 2021

Blackstone commits up to $2.8 billion to acquire controlling stake in Mphasis

Blackstone commits up to $2.8 billion to acquire controlling stake in Mphasis PE Fund Blackstone to invest up to $2.8 billion to pick up 26 percent more through rights issues. Blackstone on April 26 said that the private equity funds managed by it have entered into definitive agreements to acquire a majority stake in Mphasis Ltd.

from Moneycontrol Business News https://ift.tt/2QupCcw
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US equities end lower as valuation concerns creep in

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