Wipro has made it to the headlines as the company has announced a massive deal of Rs 548 crore. Wipro has revealed that it is investing Rs 5480000000 to acquire US-based Aggne Global Inc.
Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing. Revenues of the Aggne Group are $4.5 million for calendar year 2021, $9.1 million for 2022, and $17.9 million 2023.
Wipro picks up 60% stake in U S firm Aggne Global for $66 mn thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.