Brief: Teamlease Services Signs Deal To Acquire Stake In Avantis Softech
03/08/2018 11:57
Aug 3 (Reuters) - TeamLease Services Ltd TLSV.NS :
* SIGNED DEAL TO ACQUIRE STAKE IN AVANTIS SOFTECH LLP
* SAYS TEAMLEASE WILL INVEST 70 MILLION RUPEES IN AVANTIS
* EXPECTS DEAL TO CLOSE BEFORE END OF SEPTEMBER 2018;
AVANTIS WILL
BE CONVERTED INTO PVT LTD, WILL OPERATE AS SEPARATE ENTITY
Source text: http://bit.ly/2OFjOao
Further company coverage: TLSV.NS
((Reuters.Briefs@thomsonreuters.com;))
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