Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 894)
894.
Which global IT Service company has acquired 75% stake in Starter NV,a subsidiary of Dutch based ABN AMRO Bank for $144 million?
Answer: Option
Explanation:
Consulting arm of Global IT Services major, Infosys will buy 75% stake in Starter NV which is a subsidiary of Dutch based ABN AMRO Bank for $144 million (approx. Rs 999 crore) in an all-cash deal.This move is aimed at strategic partnership in Netherlands. ABN Amro which is the third largest bank of Netherland will hold the remaining 25 per cent stake in Starter NV.
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