Private equity and debt financiers support iGate's bid for Patni

iGate tables a winning $1.22 billion bid for Patni Computer Systems with the backing of private equity firm Apax Partners and debt commitments from Jefferies and RBC.
January 14, 2011

iGate Corp, backed by private-equity firm Apax Partners, will pay $1.22 billion for India’s Patni Computer Systems in India’s largest private equity-backed buyout to date.

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