Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Apr. 25, 11:24 PM
Slide #3. Happiest Minds Technologies Limited — PureSoftware Technologies Private Limited
Acquirer: |
Happiest Minds Technologies Limited |
Acquiree: |
PureSoftware Technologies Private Limited |
Details: |
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital. Born Agile', Mindful IT Company, today announced it signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited ('PureSoftware') for a total purchase consideration of US $ 94.5 Million (_779 Crores) (Upfront of _635 Crores on closing and deferred of upto _144 Crores payable at the end of FY25 on achievement of set performance targets). |
Both companies are privately held or listed on a foreign exchange.
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April 25, 2024 11:24 PM Eastern
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