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Datamatics Global Services acquires additional 2.58% stake in Datamatics Staffing Services

18 Feb 2022 Evaluate

Datamatics Global Services has completed the acquisition of remaining 2.58% stake in Datamatics Staffing Services (DSSL), a subsidiary of the company from the promoters and other existing shareholders. With this, Datamatics Staffing Services has become wholly owned subsidiary of the company. The objective of the acquisition is to convert DSSL into a wholly-owned subsidiary in order to consolidate the company’s position in DSSL.

Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.

Peers
Company Name CMP
TCS 2493.00
Infosys 1166.10
HCL Technologies 1432.00
Wipro 198.25
Tech Mahindra 1821.05
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