- For ₹2,904 crore ($359 million), private equity firm Blackstone will purchase a 52% share in R Systems International, a provider of digital information technology services.
- Following Blackstone’s open offer for a 48.33% stake at ₹245 per share on Thursday, the stock of R Systems increased by almost 18%.
- A conditional delisting offer will also be made by Blackstone at a price of ₹246 per share.
Blackstone will pay ₹2,904 crore to buy a 52% interest in the IT company R Systems.
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