India: 3i Infotech in talks to sell unit to Srei Finance for $43m

India: 3i Infotech in talks to sell unit to Srei Finance for $43m

visual sourced from company website.

Mid-sized domestic information technology (IT) services company 3i Infotech Ltd is in advanced talks to sell its IT infrastructure management services (IMS) division to Kolkata-based Srei Infrastructure Finance Ltd (SIFL) in a deal valued at Rs300 crore, two people aware of the discussions told Mint.

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