India Digest: Persistent Systems, Dewan Housing in M&A; JM Financial, Suraksha ARC buy Unitech loans

Photo: Mint

Persistent Systems said its German subsidiary will acquire consulting firm Youperience GmbH while Dewan Housing Finance Corporation Ltd (DHFL) will soon sell its stake in subsidiaries DHFL Pramerica Asset Managers Pvt Ltd (DPAMPL) and DHFL Pramerica Trustees Pvt Ltd (DPTPL). Meanwhile, JM Financial and Suraksha Asset Reconstruction Company have acquired loans of crisis-hit realty firm Unitech.

Persistent Systems acquires Youperience

IT firm Persistent Systems said its German subsidiary will acquire Youperience GmbH for up to 6.8 million euros (about Rs 53.6 crore).

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