HomeWorld NewsBlackstone to Take Majority Stake in India's R Systems

Blackstone to Take Majority Stake in India’s R Systems

(Reuters) – Blackstone Inc said on Thursday it will buy a 52% stake in Indian technology and analytics services company R Systems International Ltd for $359 million.

Blackstone will launch a conditional delisting offer at a price of Rs 246 per share, it said in a statement.

(Reporting by Shivani Tanna in Bengaluru; Editing by Savio D’Souza)

Copyright 2022 Thomson Reuters,

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