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Wipro Ltd., an Indian software exporter, agreed to acquire Capco for $1.45 billion, in its biggest purchase to spur growth that’s been lagging behind local rivals.
London-based Capco employs 5,000 consultants and will help Wipro add banking, insurance and financial services clients, the company said in a filing to stock exchanges. The transaction is expected to close in the quarter ending June 30, the company said.
Read More : https://www.bloomberg.com/news/articles/2021-03-04/wipro-to-spend-1-45-billion-to-acquire-consultancy-firm-capco
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