Brief: HCL Infosystems says slump sale of an undertaking of unit to Everest Edusys and Solutions
27/04/2017 11:44
April 27 (Reuters) - HCL Infosystems Ltd HCLI.NS
* Says slump sale of an undertaking of HCL Learning Limited
on going concern basis to Everest Edusys and Solutions
* Says sales consideration of INR 200 million
* Says Everest Edusys and Solutions will become an associate
co of HCL Learning ltd
* Says Axis Capital financial advisor to co
* Says consideration will include issuance of 4.1 million
shares of Everest Edusys & Solutions Pvt Ltd to HCL Learning Ltd
Source text for Eikon: ID:nBSE93YQkM
Further company coverage: HCLI.NS
((Bangalore.newsroom@thomsonreuters.com;))
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