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Tech Mahindra's subsidiary to sell 100% stake in LCC Pakistan for USD 5.2 mn

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Capital Market
Last Updated : Jun 21 2017 | 9:13 AM IST

To Talkpool AG, Switzerland

Tech Mahindra announced that one of the company's step down subsidiary viz., LCC Middle East FZ LLC agreed to sell its 100% shareholding in LCC Pakistan (Pvt) Ltd. to Talkpool AG, Switzerland for a total consideration of USD 5.2 million. The agreement for sale was entered into on 20 June 2017. The expected date for completion of sale is by 31 October 2017.

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First Published: Jun 21 2017 | 8:45 AM IST

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