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Bangalore, May 17

Citigroup Global Markets India Pvt Ltd acting on behalf of TH Holdings along with Electronic Data Systems Corporation has advanced the open offer schedule for acquisition of MphasiS BFL Ltd shares from existing shareholders. The offer has already opened on May 17 and will close on June 5, Mphasis said in a notice to the BSE on Wednesday. The original open offer was slated to open on May 22 and close on June 12. EDS has made a conditional offer to acquire 52 per cent stake in Mphasis BFL at Rs 204.50 a share in an all cash deal.

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