| Title: | 3i Infotech Ltd acquires a minority stake in Locuz Enterprise Solutions Ltd |
| Price: | $48.00 |
| Publication Date: | May 08, 2008 |
| Abstract: | INDIA - 3i Infotech Ltd (3i) acquired a 26% stake in Locuz Enterprise Solutions Ltd (LE), an IT solutions services provider. Terms were not disclosed. Concurrently, 3i was granted an option to acquire the remaining 74% interest, which it did not already own, in LE. |
| Acquirer: | 3i Infotech Ltd |
| Acquirer Business Discription: | Pvd info tech svcs |
| Acquirer SIC Code: | 7376 - Computer facilities management services |
| Target Name: | Locuz Enterprise Solutions Ltd |
| Target Business Description: | Pvd IT solutions svcs |
| Target SIC Code: | 7376 - Computer facilities management services |
| Please Note: | Target Financials are not included in this report. Transaction Statistics are not included in this report. |
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