2023 2024 EduVark > Education Discussion > General Discussion


  #1  
July 27th, 2016, 05:48 PM
Unregistered
Guest User
 
HCL Acquires NTS

Hi I would like to have the details of HCL Infosystems Ltd buying out of the remaining stake by the NTS group in HCL Infosystems Middle East and Africa (MEA)?
Similar Threads
Thread
Bank Of America Acquires MBNA
Southport Lane Acquires Dallas National Insurance Company

  #2  
July 28th, 2016, 08:05 AM
Super Moderator
 
Join Date: Mar 2012
Re: HCL Acquires NTS

HCL Infosystems Ltd purchased the remaining 40 per cent stake held by the NTS Group in HCL Infosystems Middle East and Africa (MEA).

HCL Infosystems Ltd, through its completely claimed auxiliary HCL Insys Pte Ltd, Singapore has purchased the stake in HCL Infosystems MEA FZCo.

Taking after the exchange of shares, the FZCo will be changed over into a FZE (free zone foundation) possessed exclusively by HCL Insys Pte Ltd, Singapore.

HCL Infosystems MEA FZE now turns into an entirely claimed backup of HCL Infosystems Ltd. NTS Holding BVI is a main IT administrations and arrangements organization situated in Dubai.

HCL Infosystems had in 2010 procured 60 for every penny of NTS Group to grow its worldwide impression in the West Asian and African business sector with direct operations to address the framework incorporation and administrations need in these districts.
"This purchase will put us in a stronger footing in the Middle East market and empower us to rapidly grow our business in the area,'' Chief Executive Officer, HCL Infosystems MEA, said.


Quick Reply
Your Username: Click here to log in

Message:
Options



All times are GMT +5. The time now is 12:17 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8