Coforge to acquire Encora in $2.35B technology services deal

Information technology services provider Coforge Ltd. today announced plans to acquire rival Encora Digital LLC for $2.35 billion. Coforge, which is listed on two stock exchanges in India, will finance the deal with shares. It will take out a bridge loan worth up to $550 million to refinance the debt on Encora’s balance sheet. Coforge […]
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