Private equity firm Blackstone that was in the race to acquire Intelenet is close to clinching the deal for $200 million that will give it a majority stake in the BPO. Intelenet, ranked among the top 15 BPOs in the country, was up for sale with both its partners, HDFC and Barclays Bank, interested in exiting their holdings. The BPO is a 50:50 partnership between the two. Sources familiar with the development confirmed that Blackstone was in advanced talks and the deal was likely to be concluded next week. “A few issues still remain to be ironed out,” said another source. Company officials could not be reached. […]