Reports Cognizant (CTSH) Could Be In Talks To Acquire Genpact (G)

September 15, 2010 7:24 AM EDT Send to a Friend
Get Alerts CTSH Hot Sheet
Trade CTSH Now!
Cognizant Technology (Nasdaq: CTSH) may be in talks to acquire a Genpact Limited (NYSE: G), according to reports from India's Financial Express.

If a deal is consummated it would be one of the largest technology deals in India, and the combined company could be close to knocking-off Infosys Technologies (Nasdaq: INFY) from its No.2 position in the industry.

Investors in Genpact may be looking for a 30 percent premium of the current market price, sources told the Financial Express.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Mergers and Acquisitions, Rumors

Add Your Comment