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HCL Technologies proposes $162m acquisition of DWS Limited
Global firm DLA Piper has advised HCL Technologies Limited on its proposed $162 million acquisition of 100 per cent of the shares in DWS Limited.
Naomi Neilson
Firm: DLA Piper (HCL Technologies)
Deal: DLA Piper has advised HCL Technologies on its proposed acquisition of 100 per cent of the shares in DWL Limited by scheme of arrangement. The scheme is conditional on obtaining necessary regulatory approvals, of DWS shareholders, court approval and other customary conditions.
Area: M&A.
Key players: The deal was led by M&A partner David Ryan.
Deal significance: HCL Technologies is a global technology company that helps enterprises reimagine their businesses for the digital age. Through its worldwide network, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.
DWS is an ASX-listed Australian-based IT services company which provides a suite of integrated solutions, including consulting services, such as custom application development and project management and digital solutions.
Mr Ryan said: “We are delighted to have been able to assist our global client HCL technologies with the proposed acquisition of DWS.”
“With one of our most active technology M&A practices globally and our strong track record of advising on cross-border deals, DLA Piper is perfectly placed to advise HCL Technologies on its expansion in Australia and New Zealand through the proposed acquisition of DWS.”
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
You can email Naomi at:
