Jan 8 Japan’s NEC Corp is in initial talks to acquire Indian IT services firm Mphasis Ltd , majority owned by HP Inc, CNBC TV18 reported on Friday, citing unnamed sources. Shares in Mphasis, in which HP has a 60.5 percent stake, were up 1.5 percent in the Mumbai market which was up 0.2 percent. An Mphasis spokeswoman was not immediately available for comment. (Writing by Himank Sharma; Editing by Subhranshu Sahu)
Source: Reuters.comJapan’s NEC Corp in talks to buy India’s Mphasis – CNBC TV18
Industry: Information technology, services 2016-01-08
