business / news / / scanx.trade
Wipro has signed a definitive agreement to acquire 100% shareholding in Mindsprint Pte.
Wipro has secured an 8-year, $1 billion-plus deal with Olam Group in food and agri-business.
KEY POINTS
- Wipro will acquire 100% of Mindsprint Pte. Ltd. and subsidiaries for $375 million in cash.
- The acquisition grants Wipro proprietary IP-led solutions like Farmsprint and Tradesprint for agri-sector transformation.
- Deal closure is expected by Q1 FY27, pending anti-trust approvals in Saudi Arabia and Australia.
COMPANIES
Summarized by Newsio from scanx.trade. How we summarize →