Igate

Igate
Igate Phaneesh Murthy, CEO of iGate, said that under the agreement iGate to buy 45.6 per cent of the shares of the three founders of Patni – Narendra Patni, Gajendra Patni and Ashok Patni, with 17.4 for percent stake in private equity firm General Atlantic. U.S. sales of $ 1.22 billion of mandatory offer will also include 20 percent open to the public shareholders of Patni.