ChrysCapital Management Company not to acquire 30% stake in CitiusTech - MarketLine Financial Deals

ChrysCapital Management Company not to acquire 30% stake in CitiusTech

ChrysCapital Management Company not to acquire 30% stake in CitiusTech - MarketLine Financial Deals
ChrysCapital Management Company not to acquire 30% stake in CitiusTech
Published Mar 20, 2014
2 pages — Published Mar 20, 2014
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Abstract:

General Atlantic LLC, a private equity firm, has made a significant investment in CitiusTech, Inc., a provider of healthcare technology services and solutions. Both the entities are based in the US.

Rumor (March 13, 2014):
According to The Times of India, media sources reported ChrysCapital Management Company, a Mauritius-based private equity firm, may acquire a 30% stake in CitiusTech.

The transaction is valued at approximately INR6,700 million ($109.82 million).

CitiusTech has more than 1,400 employees.

Reportedly, General Atlantic, Warburg Pincus LLC and TA Associates Management, L.P. are also in the race to acquire the stake in CitiusTech.

  
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MLA:
MarketLine Financial Deals. "ChrysCapital Management Company not to acquire 30% stake in CitiusTech" Mar 20, 2014. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/ChrysCapital-Management-Company-not-to-acquire-30-stake-in-CitiusTech-2052-101144>
  
APA:
MarketLine Financial Deals. (2014). ChrysCapital Management Company not to acquire 30% stake in CitiusTech Mar 20, 2014. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/ChrysCapital-Management-Company-not-to-acquire-30-stake-in-CitiusTech-2052-101144>
  
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