infosys completes acquisition of 75% stake in abn amro bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).
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Indian software giant Infosys has completed the acquisition of majority equity stake of 75% in the Stater N.V., a subsidiary of the Netherlands-based ABN AMRO Bank, for $144 million (Rs 999 crore) in cash.
The Zydus Group firm had posted a net profit of Rs 36.25 crore for the corresponding period of the previous financial year. spot gold was down 0.1% at $1,283.52 per ounce by 1028 GMT, having touched.
Infosys to buy 75% stake in ABN AMRO’s mortgage services arm for $143.5 mn Infosys to buy 75% stake in ABN AMRO Bank subsidiary for $143 million YES Bank sells 2.13% stake in Fortis Healthcare, stock falls over 1%
Complete lowdown on Infosys’ acquisition of Stater (ABN AMRO’s mortgage processing unit), and what this portends for mortgage bpo infosys, last week, announced buying 75% stake in Stater, till then a wholly-owned subsidiary of ABN AMRO bank, and providing mortgage servicing.
Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).
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Infosys in May 2019 completed its acquisition of 75 percent stake in ABN AMRO Bank’s subsidiary Stater, one of the largest mortgage service provider, for close to Rs 1,000 crore.
Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5.
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Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75% stake in Stater for 127.5 million.
NEW DELHI: IT services major Infosys on Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV.