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Infosys Acquires 75% Stake in Telstra's Versent for Rs 1,300 Crore, Shares Jump 2%
ByAinvest
Thursday, Aug 14, 2025 12:12 am ET1min read
Infosys has agreed to acquire a 75% stake in Telstra's Versent Group for AUD 233.25 million (over Rs 1,300 crore). The deal will expand Infosys' presence in Australia's cloud and AI services market. The acquisition is expected to close in the second half of fiscal 2026, subject to clearance from Australia's Foreign Investment Review Board and the Australian Competition and Consumer Commission. Infosys shares jumped 2% to Rs 1449.90 following the announcement.
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