Mphasis acquisition talks hit impasse as Carlyle refuses to log in
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Synopsis
Negotiations between Blackstone Group and Carlyle Group for the biggest technology acquisition in India have hit a bump as Mphasis’ share price continues to soar.
Agencies
The valuation mismatch between seller Blackstone and sole bidder Carlyle may force the stake sale process to get scrapped.
Mumbai/Chennai: Negotiations between Blackstone Group and Carlyle for the biggest technology takeover in India have hit a bump as
Mphasis’ share price continues to soar, people involved in the matter said.
Differences in valuations resulted in Carlyle walking away—at least temporarily—after