Seeking Alpha

iGate's (IGTE +0.1%) offer of $11.08/share for a 63% stake in outsourcer Patni Computer Systems...

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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|