Mphasis Shares Soar 6% On Blackstone Controlling Stake In Firm

The stock of Mphasis rose more than 6% intraday after private equity firm Blackstone agreed to invest up to $2.8 billion in a majority stake in the company. In 2016, Blackstone purchased a 60.5 percent stake in Mphasis, a Mumbai-listed company,

from Latest Business News | Finance News India | International Share Market – Oneindia Money https://ift.tt/32P8Rve