LTIMindtree (formerly LTIMindtree UK Limited) has completed the execution of the Agreement for the Sale and Purchase of all shares in Randstad Digital B.V., Randstad Digital France SAS, and FINXL Professional Services Pty Ltd. This completion is subject to applicable regulatory approvals and fulfillment of conditions precedent outlined in the SPA, marking a significant step in the transaction with Randstad N.V.
Share Sale Agreement Executed
LTIMindtree, formerly known as LTIMindtree UK Limited, has officially executed the Agreement for the Sale and Purchase of all shares in three of its subsidiaries: Randstad Digital B.V., Randstad Digital France SAS, and FINXL Professional Services Pty Ltd. This significant step follows the completion of necessary Information-Consultation processes with Works Councils in the relevant geographies.
Transaction Details and Conditions
The execution of the Share Purchase Agreement (SPA) was finalized with Randstad N.V. (Netherlands), Randstad Digital Holdings Pty Ltd (Australia), and Randstad France SASU (France). The completion of the sale and purchase of these shares is contingent upon obtaining applicable regulatory approvals and the fulfillment of all conditions precedent as stipulated in the SPA.
This announcement serves as a formal notification for public dissemination and for the records of the exchanges.
Source: BSE
