Infosys is planning to acquire Zurich-based global management consultancy firm Lodestone Holding AG at 330 m CHF (USD 350 million) in cash. Ankur Rudra of Ambit Capital says the acquisition seems to be clearly in the right direction.
Infosys will buy Zurich-based Lodestone Holding AG for USD 350 million, reports CNBC-TV18. Infosys touched an intraday high of Rs 2,524.70 and an intraday low of Rs 2,490. At 09:18 hrs the share was quoting at Rs 2,520, up Rs 24.10, or 0.97%.