Blackstone China

Blackstone buys China’s Pactera

The world’s largest private equity firm is leading a consortium to take the China-based consulting and technology services provider private for about $600 million.
Stephen Schwarzman, Blackstone’s chairman and chief executive.
Stephen Schwarzman, Blackstone’s chairman and chief executive.

A Blackstone-led consortium has sealed a deal to buy Nasdaq-listed Pactera Technology International, a China-headquartered consulting and technology services provider, for about $600 million.

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