Blackstone to pick controlling stake, delist R Systems1 min read . Updated: 17 Nov 2022, 11:19 PM IST
- Sebi’s move is aimed at making mergers and acquisitions of listed companies more attractive for investors
NEW DELHI : In a first of its kind transaction for India’s capital markets, private equity major Blackstone will pick up a controlling stake in information technology (IT) services firm R Systems International Ltd for $359 million, and simultaneously delist the firm from the exchanges.
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