Davis Polk is advising Morgan Stanley & Co. LLC as the dealer manager in connection with a modified “Dutch auction” tender offer by Genpact Limited to purchase up to $300 million in value of its common shares at a price that is not greater than $18.00 nor less than $16.50 per share. The number of common shares proposed to be purchased in the tender offer, at the minimum purchase price of $16.50 per share represents approximately 8% of Genpact’s outstanding common shares as of February 28, 2014.
Genpact transforms and runs business processes and operations, including those that are complex and industry-specific, with more than 64,000 employees in 24 countries with key management and corporate offices in New York City.
The Davis Polk corporate team includes partner Phillip R. Mills and associates Nina S. Assouline and Taylor Hedrick. Partner Kathleen L. Ferrell and Joseph Pahl are providing tax advice. All members of the Davis Polk team are based in the New York office.