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5 months ago
BRIEF-Infibeam Incorporation signs binding addendum to MoU with Avenues (India)
March 31, 2017 / 9:56 AM / 5 months ago

BRIEF-Infibeam Incorporation signs binding addendum to MoU with Avenues (India)

March 31 (Reuters) - Infibeam Incorporation Ltd:

* Says signed binding addendum to MoU with Avenues (India) Pvt Ltd

* Made payment of 1.5 billion rupees to acquire 7.50 stake with control of CC Avenue

* Approved further investment of 600 million rupees for acquiring 3.85 percent stake of CC Avenue already held by unit NSI Inifium Global Source text for Eikon: Further company coverage:

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