Wipro To Acquire L.D. Waxsons For $144M
Wipro Ltd (NYSE: WIT) announced its plans to acquire a 100% stake in Singapore firm L.D. Waxsons Group for $144 million in cash.
In the 12 months ended March 31, L.D. Waxsons posted sales of $68 million.
Wipro shares closed at $8.54 on Friday.
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Tags: merger and acquisition