022 24172311
Sections
Search
Subscribe
DealCurry
Equity
Venture Capital
Private Equity
M&A

Private Equity | 12 April 2012

US Based Elliott Management Corp Divests Patni Computers' Stake

by Irfan Khan
US Based Elliott Management Corp Divests Patni Computers' Stake
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan
New York-based hedge fund Elliott Management Corp has divested 10.46% stake in Patni Computer Systems Limited for about R700Cr.

Elliot, which manages assets worth $17 Bn, bought Patni stock through its Mauritius registered investment arms, Mansfield Ltd and Suffolk Ltd, which made some 70-odd transactions on BSE and NSE in November and December. Elliott has been buying small chunks of Patni Computer Systems since October.

Insieve Raises Funds From Ojas Ventures, Blume Ventures

Insieve Raises Funds From Ojas Ventures, Blume Ventures

Inseive has raised angel funding led by Ojas Ventures and Blume Ventures.

Read More...

IDBI Bank To Exit NSE

IDBI Bank To Exit NSE

IDBI is selling its entire 5% stake in National Stock Exchange and has invited ‘Expression of Interest’ for the same. The sale is likely to fetch IDBI over R1000 Cr.

Read More...