Cognizant and Apax eye $600m LiquidHub deal
(WorldNews Business)

BENGALURU: Cognizant Technology Solutions and Apax Partners, which is an investor in mid-sized IT services company Zenzar, are among the shortlisted suitors for a potential buyout of digital tech company LiquidHub for as much as$600 million. India`s oldest private equity investor ChrysCapital holds around 48% stake in the company which counts Standard Chartered and Bear Stearns as customers. It marries design and technology to offer an enhanced customer engagement with its multi-disciplinary teams comprising of researchers, architects and designers. JP Morgan has been mandated to run the sale process, which has seen four potential suitors being shortlisted. The indicative bids are in the...