CPPIB to Acquire a 48% Stake in GlobalLogic
Posted on 01/12/2017
The Canada Pension Plan Investment Board (CPPIB) is acquiring a 48% ownership stake in San Jose, California-based GlobalLogic Inc., an offshore software research & development services provider, from funds advised by Apax Partners LLP, a private equity firm. The deal is rumored to value GlobalLogic at Rs 10,235 crore (US$ 1.5 billion). Apax Partners LLP […]
