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"The colors of the world".Anna Baches, from Rome to New York via London, to stop in Sardinia.

"The colors of the world".Anna Baches, from Rome to New York via London, to stop in Sardinia.
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Blackstone to Buy Mphasis with Help from ADIA and University of California Endowment


Blackstone to Buy Mphasis with Help from ADIA and University of California Endowment
Posted on 04/26/2021
Private equity funds managed by Blackstone have entered into definitive agreements to acquire a majority stake in Mphasis Limited (NSE: MPHASIS) for up to US$ 2.8 billion. A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments, and other long-term investors will co-invest along with Blackstone. This transaction will trigger a mandatory open offer for the purchase of up to 26% additional shares of the company from the public shareholders and the acquiring entity has released a public announcement to the stock exchanges. Based on the open offer subscription, the blended purchase price will vary between INR 1,452 to INR 1,497 per share (12-16% premium to 12-month average price and 3% to 6% discount to 6-month average price) and the purchase consideration will vary between INR 152 billion to INR 210 billion (or, approximately US$ 2.0 billion ....

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