Blackstone to take majority stake in India's R Systems

R Systems International

17/11/2022 03:00

Nov 17 (Reuters) - Blackstone Inc  BX.N  said on
Thursday it will buy a 52% stake in Indian technology and
analytics services company R Systems International Ltd  RSYS.NS 
for $359 million.
    Blackstone will launch a conditional delisting offer at a
price of 246 rupees per share, it said in a statement.
 (Reporting by Shivani Tanna in Bengaluru; Editing by Savio
D'Souza)
 ((ShivaniJayesh.Tanna@thomsonreuters.com;))