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Tech Mahindra acquires software provider Target Group

M&A

Digital transformation consultants Tech Mahindra have agreed to acquire UK-based Target Group, buying 100% of the shares which have an enterprise value of £112m.

Target Group provides business outsourcing software particularly for complex transactions at banks such as Goldman Sachs and Barclays as well as insurers.

Vivek Agarwal, global head of Tech Mahindra's

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