July 22, 2018 / 8:25 PM / 5 months ago

Atos to buy Syntel for about $3.57 billion

July 22 (Reuters) - French IT services company Atos SE agreed to acquire Syntel Inc in an all-cash transaction for about $3.57 billion, including net debt, the companies said on Sunday.

Atos will pay $41 per share, which represents a premium of 4.78 percent to Syntel’s closing price of $39.13 on Friday.

Reporting by Rama Venkat Raman in Bengaluru; Editing by Sandra Maler

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