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    Brief: TCS Unit To Buy 100% Of MHP For €320 Million Enterprise Value

    Picture of Tata Consultancy Services logoTata Consultancy Services
    24/08/2026 12:40
    BRIEF-TCS Unit To Buy 100% Of MHP For €320 Million Enterprise Value
    Aug 24 (Reuters) - Tata Consultancy Services Ltd TCS.NS:
    • TCS - UNIT TO BUY 100% OF MHP FOR €320 MILLION ENTERPRISE VALUE
    • TCS -  TATA CONSULTANCY SERVICES NETHERLANDS B.V. APPROVED ACQUISITION OF 100% OF MHP MANAGEMENT- UND IT-BERATUNG GMBH
    • TCS -  TCS AND PORSCHE AG PARTNER TO ACCELERATE THE  FUTURE OF AI-POWERED MOBILITY
    • TCS -  PORSCHE HAS SIGNED A FIVE-YEAR STRATEGIC DEAL WITH  MHP AND TCS AMOUNTING TO €1.25 BILLION
    • TCS - TCS AND PORSCHE AG PARTNER TO ACCELERATE FUTURE OF AI-POWERED MOBILITY
    • TCS - ACQUISITION IS EXPECTED TO BE COMPLETED WITHIN  3-4 MONTHS
    Source text: ID:nBSE4vL3Zl
    Further company coverage: TCS.NS

     ((Reuters.Briefs@thomsonreuters.com;;))

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