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Announced

ICICI Bank invested $300m in Wipro.

Financials

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Transaction Value£248m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

India

IT Services: Other

Friendly

it solutions

Pending

Acquisition

Single Bidder

Synopsis

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ICICI Bank, a leading Indian private sector bank, invested $300m in Wipro, an Indian multinational corporation that provides information technology, consulting and business process services. “This engagement will further strengthen our endeavour to provide differentiated technology and digital capabilities to the financial services industry,” a Wipro statement said.

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