India: Related News
- EDS Announces Open Offer to Acquire Additional Shares in MphasiS (19 Oct 2006)
- PLANO, Texas – EDS announced today in India an open offer (the “Offer”) to acquire an additional 20 percent of MphasiS BFL Limited (“MphasiS”) (Bombay Stock Exchange: 526299 and National Stock Exchange of India: MPHASISBFL) for Rupees 204.5 per share in cash. At current exchange rates, the total purchase price for this Offer, assuming full acceptance, is approximately US$150 million. EDS expects this transaction to be completed by early first quarter 2007.
- EDS – India To Merge Into MphasiS (26 Jul 2006)
- BANGALORE – MphasiS, a leading provider of IT services and BPO solutions, today said that its Board as well as the Board of EDS Electronic Data Systems (India) Pvt. Ltd (EDS India) has approved the merger of EDS India, a wholly-owned subsidiary of EDS, into MphasiS BFL Ltd, pending applicable approvals.