Asia/Pacific

Apax Partners to invest $450 million for minority stake in IBS

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Apax Partners to invest $450 million for minority stake in IBS

Apax Partners have reached a definitive agreement to invest approximately $450 million to acquire a significant minority stake in IBS Software, from Blackstone. Following the transaction, Apax will partner closely with IBS Software’s Founder and Executive Chairman, V K Mathews, who will remain the...

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