Baring India makes latest MphasiS stake sale
Baring Private Equity Partners India has sold the third tranche in its protracted exit from IT and BPO solutions business MphasiS, its long-term investment.
Baring India has made a series of exits since its first sale of some 34.73% to EDS in 2006, when the latter acquired the company. This time, the firm sold around one-seventh of its remaining 8.6% stake...
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