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Blackstone in talks to buy minority stake in India’s Sify SECTIONS Blackstone in talks to buy minority stake in India’s SifyBy Gillian Tan, Cathy Chan, Bloomberg Last Updated: Mar 05, 2021, 02:02 PM IST Share Synopsis The communications infrastructure firm has sought a valuation of around $1 billion to $1.2 billion in a transaction. Sify, led by Chairman Raju Vegesna and CEO Kamal Nath, owns and operates data centers as well as India’s largest multiprotocol label switching, or MLPS, network, its website shows. Blackstone Group Inc. is in exclusive talks to acquire a minority stake in India’s Sify Technologies Ltd., according to people with knowledge of the matter.

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