PALO ALTO, CA — (Marketwired) — 09/01/16 — Hewlett Packard Enterprise (NYSE: HPE) today completed the pending sale of its equity stake in Mphasis Limited, a publicly-listed IT services provider in Bangalore, to private equity funds managed by Blackstone (NYSE: BX), one of the world–s leading investment firms. Blackstone purchased 100% of HPE–s stake in Mphasis for INR 430 per share, or approximately $825 million.In conjunction with the sale, HPE also entered into a five-year renewal of its
PALO ALTO, CA — (Marketwired) — 04/03/16 — Hewlett Packard Enterprise (NYSE: HPE) group companies today signed a definitive agreement to sell its equity stake in Mphasis Limited, an IT services provider in Bangalore, to private equity funds managed by The Blackstone Group (NYSE: BX), one of the world–s leading investment firms.Under the terms of the agreement, Blackstone has agreed to purchase at least 84% of HPE–s stake in Mphasis for INR 430 per share. Blackstone will purchase the maximu
