Mint Coforge to acquire California-based Encora in a $2.35 billion all-stock deal, board gives nod for $550 million QIP
Coforge's Board approved the acquisition of Encora for $2.35 billion, issuing 93.8 million shares. The merger will create a $2.5 billion entity focused on AI, cloud, and data services, projecting $2 billion in revenue by FY27.