iGate's (IGTE +0.1%) offer of $11.08/share for a 63% stake in outsourcer Patni Computer Systems (PTI +1%) represents an 8.5% premium over Patni's closing price Monday on the Bombay Stock Exchange. With the deal, worth up to $1.2B, iGate expects to get a foothold in the growing Indian outsourcing market.
iGate's (IGTE +0.1%) offer of $11.08/share for a 63% stake in outsourcer Patni Computer Systems...
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