The acquisition is subject to customary closing conditions which are expected to get completed within 6-8 weeks. The Company will inform the closure of the transaction to the Stock Exchanges in the due course.
The acquisition of Syncordis SA will enhance Larsen & Toubro InfoTech`s footprint in the European financial services market. Acquisiton of Syncordis India will expand Larsen & Toubro InfoTech`s core banking implementation capability.
Powered by Capital Market - Live News