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China: Private equity group Blackstone agrees to buyout of global tech firm

By  |  October 17, 2013

Private equity firm Blackstone will acquire Pactera Technology International, a China-based global consulting and technology services provider, according to the Chinese company.

Complete financial details of the deal were not disclosed, but the final agreement was made for $7.30 per American depositary share.

According to a press release, the merger remains subject to regulatory approval as well as the clearance of shareholders.

Full content: Bezinga

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