Blackstone sells 8 pc stake in Mphasis for Rs 1,484-cr

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Press Trust of India New Delhi
Last Updated : May 14 2018 | 9:05 PM IST

Global private equity major Blackstone today offloaded 8 per cent stake in mid-sized IT services exporter Mphasis for a little over Rs 1,484 crore through an open market transaction.

Following the stake-sale, Blackstone's holding in the company has fallen to around 52 per cent.

According to bulk deal data available with the NSE,
Individually, Oppenheimer International Small Company Fund bought over 28.11 lakh stocks of Mphasis, FSI (HK) picked up 24.4 lakh shares, TNTBC as the trustee of Noumra India Stock Mother Fund purchased 15.2 lakh scrips and Nomura Funds Ireland Public Ltd Co-India Equity Fund acquired 11.2 lakh shares

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First Published: May 14 2018 | 9:05 PM IST

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