Coforge says it intends to contest the client’s demands related to the arbitration claim resolutions
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Earlier this year, Coforge’s board of directors had approved the acquisition of a 54 per cent stake in Cigniti Technologies
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This transaction involves Coforge obtaining between 50.2 per cent and 54 per cent of Cigniti’s shareholding on a fully diluted basis
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During the Q4 earnings, Coforge announced that it has signed a definitive agreement to acquire Cigniti Technologies
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