US-based private equity (PE) firm Blackstone and the Embassy Group have reworked their real estate investment trust (REIT) issue to $3 billion from the initial $2 billion planned, sources close to the development told FE.
Blackstone, the global private equity giant on Monday, announced that it would be buying Mphasis, the Bengaluru-headquartered IT services player owned by Hewlett Packard Enterprise (HPE) in a deal valued at around $1.1 billio
Blackstone on Monday announced that private equity funds managed by Blackstone have entered into a definitive agreement with Hewlett Packard Enterprise (HPE) to buy 60.5 per cent stake in Mphasis Limited.
Global private equity major Blackstone has bought back the BPO business (then known as Intelenet) from Britain's Serco Group for 250 million pounds (about Rs 2,558 crore), four years after it exited.
Blackstone Group today sold its 97.9 per cent stake in Agile Electric Sub Assembly (Agile) to four different entities including Tata Capital Growth Fund for USD 112 million.
