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Blackstone to acquire a 52% stake in R Systems, a publicly traded Indian IT services company, for $359M (Reuters)

Photo of Grace Will Grace Will November 20, 2022
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Blackstone to acquire a 52% stake in R Systems, a publicly traded Indian IT services company, for $359M (Reuters)
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Reuters:

Blackstone to acquire a 52% stake in R Systems, a publicly traded Indian IT services company, for $359M  —  U.S. investment fund Blackstone Inc (BX.N) said on Thursday it would buy a 52% stake in India’s R Systems International (RSYS.NS) from the IT services company’s promoters for $359 million.



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