MUMBAI: L&T Infotech, which is in the process of going public, said it was looking at making strategic acquisitions in Germany, France and the Nordic regions.
The IT arm of the engineering major also plans to expand its reach in other such as Australia, Singapore, Japan, South Africa, India and the Middle East.
“We would like to enhance our capabilities and address gaps in language capability, industry expertise, technical expertise and geographic coverage in these countries,” the company said in its red herring prospectus.
The company’s initial public offering if expected to open on July 11 at a price band of Rs 705-710 per share. The offering of 1.75 crore shares is expected to fetch up to Rs 1,243 crore.
