India's Infosys to buy 75% stake in Telstra unit for $153 million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 13 2025
0mins
Source: Reuters
Infosys Acquires Stake: Infosys has announced it will acquire a 75% stake in Australia's Versent Group for A$233.3 million, enhancing its cloud service capabilities in Australia across various sectors.
Market Reaction: Following the announcement, Infosys's U.S.-listed shares increased by 1.6%, reflecting positive investor sentiment regarding the acquisition.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
