試す 金 - 無料
Coforge faces execution test
Mint New Delhi
|December 30, 2025
Pricey bet Coforge's acquisition of Encora at 3.9x EV/sales is slightly higher than deals struck by its peers in 2025.
The AI battleground is heating up. Tier-IIIT services firm Coforge Ltd has become the latest Indian player to join its peers in the acquisition spree sweeping the sector. On Friday, the firm announced the purchase of US-based engineering and AI-led services firm Encora at an enterprise value of $2.35 billion from Advent International, Warburg Pincus and other minority shareholders.
The all-stock deal will bring Advent and Warburg Pincus onto Coforge’s board, a move that could bolster its fundraising prospects. Coforge will issue shares worth $1.89 billion to Encora’s shareholders at ₹1,815 apiece, and may raise $550 million via a qualified institutional placement or a bridge loan to retire Encora’s term debt.
このストーリーは、Mint New Delhi の December 30, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint New Delhi からのその他のストーリー
Mint New Delhi
Eat, see, dance and repeat
A Mint guide to what's happening in and around your city
1 min
January 09, 2026
Mint New Delhi
LIC MF banks on agents for a comeback
Unlike private asset management companies’ offices, which often have a sleek, minimalist aesthetic, LIC Mutual Fund’s workspace looks exactly like you'd expect of a government-owned entity—drab furniture and yellow walls.
3 mins
January 09, 2026
Mint New Delhi
India’s economy likely grew 7.4% in 2025, UN report says
As per the report, tax reforms, monetary easing likely to provide near-term support to growth
2 mins
January 09, 2026
Mint New Delhi
Why Census 2027 is not just another headcount
By giving us granular data on a host of variables, it will enable better governance. However, it also risks roiling the country over delimitation and caste—issues that defy easy solutions
2 mins
January 09, 2026
Mint New Delhi
China reviews Meta's Manus deal
Chinese officials are looking into whether Meta Platforms Inc.'s acquisition of artificial intelligence startup Manus violated regulations, an initial review that could hinder the deal down the road if officials determine wrongdoing.
1 min
January 09, 2026
Mint New Delhi
SEBI finds BofA shared confidential information ahead of block trade
A yearlong investigation into Bank of America by India’s financial regulator found that the bank improperly shared material nonpublic information about a $180 million block trade of stock and then misled the authorities about it, people familiar with the matter said.
2 mins
January 09, 2026
Mint New Delhi
Practo announces expansion into US
Health-tech platform Practo on Thursday announced its expansion into the US with the launch of its care navigation platform in the world’s major healthcare market.
1 min
January 09, 2026
Mint New Delhi
Global bond sales hit record $245 bn at 2026's start
Global bond sales had their busiest ever start to a year as borrowers of every stripe seize on investors’ insatiable appetite for risk.
1 min
January 09, 2026
Mint New Delhi
B’desh-Pakistan flights to resume
Bangladesh and Pakistan are to resume direct flights after more than a decade, Dhaka's national airline said on Thursday, as ties warm and regional power balances shift.
1 min
January 09, 2026
Mint New Delhi
Finding the hottest food in a city with too many restaurants
From Vietnamese-Chinese cuisine to Georgian wines, London offers food and drinks to match every mood
3 mins
January 09, 2026
Listen
Translate
Change font size