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Larsen & Toubro Infotech informs about updates on acquisition

04 Mar 2019 Evaluate

Larsen & Toubro Infotech has informed that the Company has completed acquisition of 100% shareholding of N+P along with its identified subsidiaries, comprising of NIELSEN+PARTNER Untemehmensberater AG, Switzerland, NIELSEN+PARTNER Pte. Ltd, Singapore, NIELSEN+PARTNER S.A., Luxembourg, NIELSEN&PARTNER Pty Ltd, Australia and NIELSEN&PARTNER Co., Ltd, Thailand and Branch office in Belgium, through Larsen & Toubro Infotech GmbH, its wholly owned subsidiary in Germany. With this acquisition, N+P and its identified subsidiaries are now wholly owned step-down subsidiaries of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2302.00
Infosys 1088.90
HCL Technologies 1329.00
Wipro 171.00
Tech Mahindra 1576.00
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