July 1, 2011
Blackstone GPV Capital Partners Mauritius V-B Ltd. sold its stake in SKR BPO Services Private Limited
DEAL BRIEF
Blackstone GPV Capital Partners Mauritius V-B Ltd. sold its stake in SKR BPO Services Private Limited to UK's Serco Group for around £385 million ($634 million). SKR BPO Services is the holding company of Intelenet which is one of the largest companies in the BPO space in India.
OUR ROLE
We, at Nishith Desai Associates, acted as a Special Counsel for Blackstone.