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    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).

    A Infosys Correct Answer Incorrect Answer
    B Wipro Correct Answer Incorrect Answer
    C HCLTech Correct Answer Incorrect Answer
    D Cognizant Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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