Tag Archives: Mphasis Will Be Acquired By Blackstone For Up To USD 2.8 Billion

Mphasis Will Be Acquired By Blackstone For Up To USD 2.8 Billion

Blackstone, which purchased a majority 60.5 percent stake in Mphasis from Hewlett Packard Enterprise Co., for 430 per share in 2016, will buy additional shares for $1,452 to $1,497 per share. Blackstone said in a statement,  “The sale price was 12-16 percent higher than the 12-month average price and 3-6 percent lower than the 6-month […]