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How Blackstone minted $100 mn in latest partial exit in India

By Bruhadeeswaran R

  • 12 Jun 2017
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How Blackstone minted $100 mn in latest partial exit in India
Credit: Shah Junaid/VCCircle

Private equity firm Blackstone Advisors India Pvt. Ltd has partially exited its investment in Mphasis Ltd by participating in the company’s recently-concluded buyback offer.Last year, Blackstone had bought a majority share in Mphasis from Hewlett Packard Enterprise to close the transaction with a 60.17% stake in the company at Rs ......

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