Blackstone unit sells 8% stake in India’s Mphasis for about $213m

Blackstone
Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Private equity firm Blackstone Group LP on Monday sold an 8% stake in its portfolio company Mphasis Ltd for about Rs1,440 crore.

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