Telstra sells 75 percent Versent stake to Infosys for $233m

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Sets up joint venture.

Telstra sells 75 percent Versent stake to Infosys for $233m
Indian IT services company Infosys will take a 75 percent stake in Versent Group, a wholly owned unit of Telstra, for $233.3 million. Versent Group provides cloud services to Australian organisations in sectors such as finance, energy, utilities, government and education. It comprises not only ...

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