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iGate accepts Patni delisting offer of Rs 520/sh

, April 10, 2012, 0 Comments

iGate accepted the discovered price of Rs 520 determined through a reverse book building process for the purpose of de-listing. iGate CEO Phaneesh Murthy commented “We believe that the price of Rs.520/- provides a reasonable premium to the Patni public shareholders”

On NSE stock of Patni Computers closed at Rs. 494.45 on monday.