The Economic Times reportsthat the RPG Group has entered into an agreement with Fujitsu of Japan to buy out the latter's stake in Zensar Technologies Limited. Zensar is a 50:50 IT joint venture between Fujitsu and the RPG Group. The 6.9 mn shares held by Fujitsu will be bought by Jubilee Investment and Industries Limited, an RPG Group company.
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Friday, March 2, 2007
RPG Group to buy out Fujitsu's stake in Zensar Technologies
Labels:
Fujitsu,
IT,
Mergers and Acquisitions,
RPG Group,
Zensar Technologies
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