Linklaters Guides Infosys In $349M Lodestone Buy

Law360, New York (September 10, 2012, 12:23 PM EDT) -- Indian technology outsourcing services company Infosys Ltd. will shell out $349 million for Switzerland's Lodestone Management Consultants AG to expand its global business consulting business, particularly in Europe and emerging markets, the companies said Monday.

The buy marks the biggest ever for Infosys, consistently ranked among India's largest software and business services firms. The cash-flush company, estimated to be sitting on as much as $4 billion in reserves, has been blasted by shareholders and analysts for mothballing money that could be used to increase investors' return...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.