Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater – Firstpost

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Infosys to acquire 75% stake in ABN AMRO Bank subsidiary for 127.5 mn euros As part of the deal, Infosys will acquire 75 per cent of the shareholding in Stater, while ABN AMRO will continue to hold.

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Infosys completes acquisition of 75% stake in ABN amro bank subsidiary stater. 1 min read. 24 May 2019. Wait for it. Log in to our website to save your bookmarks..

As part of the announced partnership, Infosys will acquire 75% of the shareholding in Stater N.V., a wholly owned subsidiary of ABN AMRO Bank N.V., that offers pure-play, end-to-end mortgage.

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IT services major Infosys Friday said it has completed the acquisition of 75 per cent shareholding in abn amro bank’s wholly-owned Stater NV. In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).

India’s second largest IT services firm Infosys Thursday said it will acquire 75 per cent stake in ABN AMRO Bank’s wholly-owned subsidiary, Stater, for 127.5 million euros (about Rs 989 crore).

 · Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).

IT services major Infosys Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV. In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).

Infosys completes acquisition of 75% in ABN AMRO Bank subsidiary Stater IT services major Infosys Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV.

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The asset quality of the bank witnessed worsening. country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore). ABN.

29 March 2019, India: Infosys, announced a strategic partnership with ABN AMRO Bank. As part of the announced partnership, Infosys will acquire 75% of the shareholding in Stater N.V., a wholly owned subsidiary of ABN AMRO Bank N.V. ABN AMRO will continue to hold the remaining 25% of the shareholding. The transaction is expected to close [.]