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Datamatics Global to acquire balance 26.88% stake in Lumina Datamatics

13 Jul 2016 Evaluate

Datamatics Global Services has agreed to acquire balance 26.88% stake in Lumina Datamatics (formerly known as Lexicon Publishing Services). Lumina Datamatics is in the Digital Publishing and e-Retail solutions business.

The company will acquire 59,902 fully paid equity shares of Rs 10 of Lumina Datamatics for Rs 33 crore. Post acquisition, Lumina Datamatics shall become a wholly owned subsidiary of the company.

Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT), Engineering solutions (ES) and Business Process Outsourcing (BPO) services.


Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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