M&A

Coforge to buy 54% stake in Cigniti Technologies

MoneyControl  

Noida-based Coforge, formerly NIIT Technologies, is set to acquire a 54% stake in fellow publicly listed, Hyderabad-based Cigniti Technologies at INR 1,415 per share from the promoters and public shareholders.Cigniti is engaged in providing quality engineering & software testing services to clients across various industries.

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