News for Wipro Limited (WIOA.SG)

Acquisition Expected to Close by June 30 The London-based Capco, a financial services and technology consultancy, will become part of Wipro Ltd., the

Wipro share fell 4% in trade today after the firm inked a definitive agreement to acquire London-headquartered management and technology consultancy company Capco for $1.45 billion. The share fell 4% to Rs 421.3 against previous close of Rs 438.85 on BSE.

The Bengaluru-based IT services major acquired Capco, a consultancy firm in the banking and financial services space, for $1.45 billion, its biggest acquisition.

Most Asia-Pacific markets slumped in excess of 1% in early trade on Friday while US stocks declined overnight

Nifty futures were trading 161 points or 1.07 per cent down at 14,910 on Singaporean Exchange, indicating a negative opening for BSE Sensex and Nifty 50 on Friday.

India Business News: IT services major Wipro Limited on Thursday announced that it has signed an agreement to acquire Capco, a global management and technology consultancy

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific.

The acquisition will make Wipro one of the largest end-to-end global consulting, tech and transformation service providers to BFSI

Capcos acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.

Capcos acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.

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