Question
_______ has signed a definitive agreement to acquire a
100 percent equity stake in ASAP Group, a German automotive engineering services provider, for Euro 251.1 million (about $279 million).Solution
HCLTech has signed a definitive agreement to acquire a 100 percent equity stake in ASAP Group, a German automotive engineering services provider, for Euro 251.1 million (about $279 million). The acquisition is expected to help HCLTech's engineering services by strengthening its advanced technology capabilities in the fast-growing automotive engineering services segment in Europe and other key global markets
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