· BENGALURU, India and AMSTERDAM , March 28, 2019 – Infosys, a global leader in next-generation digital services and consulting, today announced a strategic partnership with ABN AMRO, the third largest bank in the Netherlands headquartered in Amsterdam. This partnership strengthens Infosys’ position as a leading technology and business process management provider.
Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has completed the formation of a strategic partnership with ABN AMRO in the Netherlands by acquiring 75% of the shareholding in their wholly owned end-to-end mortgage administration service provider Stater N.V.
· The all-cash transaction is likely to be complete in the first quarter of 2020, subject to regulatory clearance. | Infosys to buy 75% stake in ABN AMRO Bank subsidiary. As part of the deal.
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· Stater offers a complete range of mortgage services and is a front runner in digital services regarding mortgages and in developing a digital ecosystem for mortgages. About ABN AMRO ABN AMRO is a Dutch based bank for retail, corporate and private banking clients. We are a relationship-driven, knowledgeable and digitally savvy bank, active in.
Partnerships Propel Growth Infosys has been strengthening its core competencies by pursuing strategic collaborations and acquisitions. The company is benefiting from solid deal wins. with Amsterdam.
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ABN AMRO announced today that it has sold 75% of its shares in Stater to Infosys. Stater is ABN AMRO’s administrative mortgage services provider, providing services for over 1.3 million mortgage loans to more than 30 mortgage providers in the Dutch market.
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friday, 24 may 2019 03:05am edt . may 24 (reuters) – infosys ltd ::completes formation of strategic partnership with abn amro in netherlands by buying 75% stake in their unit stater n.v..
· Infosys, a global leader in next-generation digital services and consulting, has announced a strategic partnership with ABN AMRO, the third largest bank in the Netherlands headquartered in Amsterdam. This partnership strengthens Infosys’ position as a leading technology and business process.
IT services major Infosys Friday said it has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank’s wholly-owned Stater NV. In March, the country’s second largest IT services firm had said it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore). ABN AMRO continues to hold the remaining 25 per cent.