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Analysts upbeat on Tech Mahindra's latest acquisition

Cite appropriate valuations along with aid to scaling up healthcare vertical as reasons for their thumbs up. Simultaneously, Credit Suisse also feels this will be earnings neutral or be very slightly accretive.
Tech Mahindra Board approves acquisition of CJS Solutions

Tech Mahindra will pay USD 89.5 million upfront for around 84.7 percent of CJS' stake. It will require the remainder of the stake over the next three years.

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Cjs Solutions

Analysts upbeat on Tech Mahindra's latest acquisition

Tech Mahindra Board approves acquisition of CJS Solutions