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Fly News Breaks for April 17, 2015
Apr 17, 2015 | 08:25 EDT
Wells Fargo said it was not surprised by an Indian media report that Apax Partners is reviewing alternatives to sell its stake in iGATE, noting that is new CEOs efforts to accelerate growth have been slow to take hold. The firm, which has a Market Perform rating on iGATE, noted that its shares have been highly volatile since the beginning of the year, despite little news flow.
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