Link acts for First Tek on $3m Zensar sale

Digital solutions firm Zensar Technologies said that it has entered into an agreement with Lorhan IT Services, a wholly-owned subsidiary of First Tek, to divest its Australia, the Middle East and India-based businesses. This is in line with the company’s decision to focus on and invest in the core markets of the US, Europe and South Africa. — The Economic Times

Link Legal India Law Services advised First Tek Services Private Limited led by a team of partner K Venkat Satyanarayana; associate partner Apurbalal Mallik, associate Rashmi Memon, associate Lipika Ahuja.

Deal value: Approx. Rs. 20,88,00,000 (US$ 3 million)

2019-01-23

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