#business#india#startups

ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge

ET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported details of the proposed transaction, including a merger through a share swap that will effectively result in the backdoor listing of ITC Infotech.

Source: The Economic Timesrss
Read the original at The Economic Times

About this page

Source-linked context

This is a Digite360 summary page, not a republication. We retain the source headline, a short excerpt and attribution so you can decide whether to read the complete report.

Original headline
ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge
Product category
General technology
Curation state
ingested