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The first match of Chhattisgarh will start against Himachal from 12 noon in Syed Mushtaq Ali T20 Trophy
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IPL Auction 2021 Date Time; Complete List Of CSK Mumbai Indians Kings XI Punjab Players Retained, Released | चेन्नई सुपर किंग्स सबसे ज्यादा 12 खिलाड़ियों को रिलीज कर सकता है, मुंबई-दिल्ली को होगा फायदा
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FAIRFIELD-SUISUN, CALIFORNIA
PE firm Apax to acquire 3i Infotech’s software products business for Rs1,000 cr [Mint, New Delhi]
Dec. 29 MUMBAI IT services company 3i Infotech on Monday said that its board has approved the slump sale of its global software products business to private equity firm Apax Partners for a sum of Rs1,000 crore.
The software products business will be acquired by a newly formed company named Azentio Software, wholly owned by Apax. The transaction, subject to shareholder approval and relevant regulatory approvals, is expected to close in early 2021, the company said.
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Instacart looked like a savior, now stores aren’t so sure
IT services firm 3i Infotech on Monday said that the company’s software product business has been acquired by private equity firm Apax Partner for a consideration of about Rs 1,000 crore. The deal values the software business higher than the market capitalisation of the entire company (3i Infotech) which stands at around Rs 908 crore. According to the joint statement issued by 3i Infotech and Apax partner, the software products business will be acquired by a newly formed company named Azentio Software, wholly-owned by the Apax Funds. The transaction, subject to shareholder approval and relevant regulatory approvals, is expected to close in early 2021.
Filmfare & Flyx announces nominations for Flyx Filmfare OTT Awards!
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