Sunday , June 7 2020
Home / BUSINESS / NIIT Technologies completes acquisition of 52.11% stake in Whishworks IT Consulting
Download Udaipur Kiran App to read Latest News Today

NIIT Technologies completes acquisition of 52.11% stake in Whishworks IT Consulting

NIIT Technologies has concluded the transaction at the first closing by acquiring approximately 52.11% stake in the equity share capital of Whishworks IT Consulting, thereby acquiring control of the Whishworks IT Consulting.

The balance 0.56% stake of the first closing shall be acquired upon fulfilment of certain regulatory requirements by Whishworks IT Consulting. Consequent to the above transaction, Whishworks IT Consulting has become a subsidiary of the company with immediate effect.

NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, Europe, Asia, and Australia. NIIT Technologies services clients in travel and transportation, banking and inanely, services, insurance.

Please share this news