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ITC Infotech set to acquire Happiest Minds, eyes backdoor listing - The Economic Times
ITC Infotech is set to acquire a controlling stake in Happiest Minds Technologies from founder Ashok Soota for Rs 2,800-2,900 crore, people familiar with the matter told ET. The deal will trigger an open offer for another 26% stake and could be followed by a reverse merger, amid consolidation in the mid-market IT services sector.
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economictimes.indiatimes.com
Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stake
Happiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420.25, while investors weighed the…
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thehindubusinessline.com
Happiest Minds shares fall 6% amid renewed ITC Infotech stake-sale buzz
Happiest Minds shares drop 6% amid renewed speculation about founder Ashok Soota's potential stake sale to ITC Infotech.
