R S SYSTEMS AND TECHNOLOGIES LIMITED
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Founded
2002-10-09
Website
Risk Signals
23 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Computer Programming Services), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about R S SYSTEMS AND TECHNOLOGIES LIMITED
Live alerts from global media, monitored by Business Radar
2023-06-08 (vccircle.com)
R Systems snaps up IT firm after Blackstone's take-private offer fails
VCCircle is India leading source Latest Indian Financial News,Startup Funding,Real Estate,Funding news,Healthcare ata and analysis on alternative investments covering deals, exits, M&As, investors, investments, entrepreneurship, management and strategy
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2023-06-07 (equitypandit.com)
R Systems to Buy Velotio, Shares Jump 2%
Shares of R Systems International rose more than 2% on June 7 after the digital product engineering company announced it had signed a definitive agreement to acquire Velotio. Shares of the company were up 1.3% at Rs 340 on the BSE at 10:23 am. The company’s stock has soared 18%...
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2023-06-07 (indiatimes.com)
Blackstone-run R Systems acquires Pune firm Velotio for Rs 279 cr - ET Telecom
Velotio: R Systems is into digital product engineering designing and building next-gen products, platforms and digital experiences.
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2022-11-17 (thehindubusinessline.com)
Blackstone’s open offer for R Systems hinges on Bhavook Tripathi’s next move
PE major makes conditional open offer as NRI owns 36.93-per cent stake
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2022-11-17 (reuters.com)
Blackstone to buy majority stake in Indian IT firm R Systems for $359 mln
U.S. investment fund Blackstone Inc said on Thursday it would buy a 52% stake in India's R Systems International from the IT services company's promoters for $359 million.
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(business-standard.com)
Blackstone to acquire majority stake in R Systems for Rs 2,904 crore | Company News - Business Standard
Blackstone is buying the promoters' stake for Rs 245 per share, a premium of 3.9 per cent on the current price of Rs 235.8 per share. The promoters will get around Rs 1,496.95 crore
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(thehindubusinessline.com)
CCI approves Blackstone’s 100% buy of R Systems International
The Competition Commission of India (CCI) has approved a combination involving 100 per cent acquisition of R Systems International, a listed ITeS and IT company, by BCP Asia II Topco II Pte. Ltd, which is controlled by funds advised and/ or managed by affiliates of Blackstone Inc.
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(economictimes.com)
Blackstone launches open offer to acquire 26% stake in R Systems after delisting offer fails
Private equity firm Blackstone has launched an open offer to acquire 26% stake in R Systems International after its delisting offer failed. BCP Asia II Topco II Pte. Ltd and Blackstone Capital Partners Asia II L.P. have offered to acquire up to 57,173,476 fully paid-up equity shares, representing
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