ITC Infotech set to acquire Happiest Minds, eyes backdoor listing

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 29 Aug, 00:30 UTC

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…

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Sources

• T1ITC Infotech set to acquire Happiest Minds, eyes backdoor listingEconomic Times — Tech / Technology / Startups / ETTelecom29 Aug, 00:30