Tech Mahindra has received approval to acquire additional 29% stake in Tech Mahindra Arabia. The acquisition of additional stake will increase Tech Mahindra’s stake from 51% to 80%. This will help bolster Tech Mahindra’s presence and capabilities as a more serious player in the region. Tech Mahindra will pay total consideration of up to $11.1 million.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
