Tech Mahindra to acquire 100% stake in Allyis India, Green Investments
The Hindu
Tech Mahindra would pay total consideration of up to $125 million, including employment-related and performance-related earnouts
Tech Mahindra on December 31 said it has approved a proposal for the acquisition of a 100% stake in Allyis India and Green Investments, for a total consideration of up to $125 million.
The acquisition is expected to bolster Tech Mahindra's capabilities in digital experience solutions— learning and development, marketing, instructional design; and engineering - cloud and automation, analytics, and technical support services.
Tech Mahindra would pay total consideration of up to $125 million, including employment-related and performance-related earnouts, the company said in a regulatory filing.
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