Dissecting a complex deal With Japanese companies looking to expand their footprint in Indian IT (information technology), there may be interesting times ahead for the industry in terms of M&A, foresees Mr Sujit Sircar, CFO, iGATE (http://bit.ly/F4TSujitSircar). Shortly after the company announced the Patni deal – valued at more than $1.2 billion and to be financed through a combination of cash, debt and equity – Mr Sircar interacted with Business Line over the e-mail, and expressed his anticipation of a lot more deals in the IT sphere, going forward, as a trend of consolidation in the IT industry.
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