Infosys To Acquire Lodestone For $350M

by Monica Gerson, Benzinga Staff Writer

September 10, 2012 2:46 AM | 15 seconds read | Make a Comment

Infosys Ltd

INFY

announced its plans to acquire Lodestone Holding AG for an enterprise value of 330 million swiss francs ($350 million) in cash. The deal is likely to close by the end of October 2012. Infosys shares rose 2.26% to close at $45.66 on Friday.

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Infosys To Acquire Lodestone For $350M