Blackstone to buy majority of India's Mphasis in up to $1.1 bln deal
April 04, 2016 at 00:16 AM EDT
MUMBAI, April 4 (Reuters) - Blackstone Group LP has agreed to buy a majority stake in Indian IT outsourcing services provider Mphasis Ltd from Hewlett Packard Enterprise Co, in a deal that will cost up to $1.1 billion.