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Tech Mahindra’s arm to acquire 100% stake in Tenzing Group
Oct-24-2020

Tech Mahindra’s wholly owned subsidiary -- Tech Mahindra (Singapore) has agreed to acquire 100% equity shares in Tenzing and Tenzing Australia (Tenzing Group). The acquisition will bring strong capabilities primarily in the insurance vertical along with expanding footprint in the Australia and New Zealand (ANZ) market. The transaction is expected to close by November 30, 2020.

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