Posts Tagged Axon
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HCL picks up 10.43% in Axon
SOURCE: IndiaTimes DATE: Oct 17th, 2008 ARTICLE In what may be seen as an attempt to deter any potential rival bidder, HCL Technologies has picked up a 10.43 per cent stake in UK-based Axon Group from the open market for about £42.28 million.
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HCL to be the new proud owner of Axon ?
SOURCE: Bloomberg DATE: Oct 2nd, 2008 Mohit Soapbox: HCL seems to have won the bidding war for Axon. Is it a good thing only time will tell but we believe that at a time when the opportunity to buy companies at great valuations getting into a
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HCL and Infosys go after Axon
SOURCE: EconomicTimes DATE: September 29th, 2008 Mohit Soapbox: It's liking fighting over a box of chocolate in Hershey's store! It seems fairly stupid to fight over and increase the valuation of a firm when this is a buyers market for companies
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HCL to counter Infosys’ bid for UK firm Axon
SOURCE: EconomicTimes DATE: September 9th, 2008 Mohit Soapbox: Hmmm.. reminds me of kids fighting over 'An Apple' - in an apple orchard! Why would HCL go after a firm and pay premium for Axon when it can pick and choose a # of other players
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Infosys / Axon Deal Facts
Deal valued at : 407 million pounds ( Infosys putting their large cash reserve to use - $1.7 billion dollars of cash on it's books) Axon valued at 6 pounds a share ( 33% premium on it's last six month average share price) Why the deal (Infosys re
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Infosys acquires UK based Axon Group for £ 407.1 m
SOURCE: MoneyControl DATE: August 23rd, 2008 Mohit Soapbox: This is one of Infosys largest acquisition in the recent years. Infosys is building their SAP practice and potentially leveraging that to get into tranformationa deals and also gain a f
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