3i Infotech sells its global software products business to Azentio Software
3i Infotech has completed the slump sale of the global software products business of the Company (including its worldwide subsidiaries other than the sale of such business of its subsidiaries in Saudi Arabia and Thailand, the completion of which is to occur separately subject to regulatory approvals) on a going concern basis to Azentio Software (and its affiliates) (Buyer), pursuant to inter alia the business transfer agreement dated 28 December 2020 executed between the Company and the Buyer. ...
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Source: business-standard.com