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Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater – Firstpost

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In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore). abn amro continues. announced it has.

India’s second largest IT services firm Infosys Thursday said it will acquire 75 per cent stake in ABN AMRO Bank’s wholly-owned subsidiary, Stater, for 127.5 million euros (about Rs 989 crore).

As part of the announced partnership, Infosys will acquire 75% of the shareholding in Stater N.V., a wholly owned subsidiary of ABN AMRO Bank N.V., that offers pure-play, end-to-end mortgage.

In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore). ABN AMRO continues. announced it has.

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IT services major Infosys Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV. In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).

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In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore). ABN AMRO continues. announced it has.

NEW DELHI: IT services major Infosys on Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV.

In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore). ABN AMRO continues. announced it has.

Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater Updated : May 24, 2019 01:07 PM IST In March, the country’s second largest IT services firm had said it will acquire 75 percent stake in Stater for 127.5 million euros (about Rs 989 crore).

Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore).

The Dutch bank will retain 25% in Stater, which offers mortgage services to over 50 clients in Europe. BENGALURU: Infosys is buying a controlling stake in Stater, the mortgage service unit of ABN AMRO Bank for Rs 1,000 crore (127.5 million), the third such deal for the software exporter after.