.
MergerLinks Header Logo

New Deal


Announced

Infosys to acquire Danske IT from Danske Bank for $454m.

Financials

Edit Data
Transaction Value£364m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

IT Services: Other

Private

Cross Border

Pending

Acquisition

Friendly

Single Bidder

Denmark

IT development

Majority

Synopsis

Edit

Infosys a provider of consulting, technology, and outsourcing, and next-generation services, agreed to acquire Danske IT, a provider of IT development, testing, maintenance, support and analytics, from Danske Bank for $454m. “Our Forward ’28 strategy sets clear ambitions for Danske Bank to be a leading bank in a digital age. As already communicated, this will be backed up by significant investments in digitalisation and technology and includes plans to further develop our customer-facing digital solutions and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency. We have a strong starting point and we want to further accelerate our digital and technology transformation,” Frans Woelders, Danske Bank COO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US