ITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services firm. After the merger, ITC will hold 73.4% of the combined entity, while Happiest Minds shareholders will own 19%.
ITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services firm.
After the merger, ITC will hold 73.4% of the combined entity, while Happiest Minds shareholders will own 19%.
The deal will also give ITC Infotech a backdoor listing.
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ITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services firm. After the merger, ITC will hold 73.4% of the combined entity, while Happiest Minds shareholders will own 19%. The deal will also give ITC Infotech a backdoor listing.
The deal will also give ITC Infotech a backdoor listing.
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