<p>Early 2007: Patni in discussion for stake sale to Apax Partners and the Texas Pacific Group (TPG).<br /><br />Oct 2007: Stake sale called off due to management issues and pricing mismatch.<br />2009: General Atlantic looks at selling stake, which again falls apart on pricing concerns.<br /><br />Oct 2010: Patni starts fresh round of discussions; iGate-Apax and Caryle-Advent consortiums in fray.<br /><br />Dec 2010: iGate-Apax tipped to be the frontrunner.<br /><br />Jan 2, 2011: Deal announcement with iGate delayed over tax issues.<br /><br />Jan 10, 2010: iGate-Apax buys 63 per cent stake in Patni.</p>
<p>Early 2007: Patni in discussion for stake sale to Apax Partners and the Texas Pacific Group (TPG).<br /><br />Oct 2007: Stake sale called off due to management issues and pricing mismatch.<br />2009: General Atlantic looks at selling stake, which again falls apart on pricing concerns.<br /><br />Oct 2010: Patni starts fresh round of discussions; iGate-Apax and Caryle-Advent consortiums in fray.<br /><br />Dec 2010: iGate-Apax tipped to be the frontrunner.<br /><br />Jan 2, 2011: Deal announcement with iGate delayed over tax issues.<br /><br />Jan 10, 2010: iGate-Apax buys 63 per cent stake in Patni.</p>