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Apax

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iGate-Apax closes in on Patni deal

The iGate-Apax Partners combine has emerged the highest bidder for India's seventh-largest software services firm, Patni Computer Systems.However, the Carlyle-Advent consortium could revise its bid......

Texas, Apax in final lap for Patni pie

Two American private equity funds-Texas Pacific Group and Apax Partners-are in the final lap of purchasing the shares of two Patni brothers -- Ashok and Gajendra -- in Patni Computer Systems.......

M&A Sees Sharp Decline in 2023

Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better. Illustration: Uttam Ghosh/Rediff.com   Merger and......

Gitanjali PE investments delayed

Gitanjali Gems Ltd, which is in the process of raising funds from private equity players, is unlikely to close the deal any time soon due to the ongoing business restructuring of the company.The......

iGate open offer for Patni to begin Apr 8

US-listed iGate's open offer for buying a little over 20 per cent stake in Indian IT company Patni Computer Systems will begin on April 8 and close on April 27.Earlier in January, iGate, in a......

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