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19/04/2024 15:29

Happiest Minds Technologies to acquire Macmillan Learning India for Rs 4.5 cr

IT firm Happiest Minds Technologies on Friday said it will acquire 100 per cent equity in edtech firm Macmillan Learning India.

The acquisition, which is valued at Rs 4.5 crore, is expected to be completed by April 30, 2024.

The company will be purchasing 1,00,000 equity shares of face value of Re 1 each in Macmillan Learning India from its existing shareholders.