Singapore's Olam to sell IT unit to Wipro for $375 million

Wait 5 sec.

The deal is ⁠expected to ‌close by the end of June ​2026, ​after which Mindsprint will become a wholly ⁠owned subsidiary of Wipro, the Indian IT major ​said in a statement. From this transaction, Olam's units are expected to realise an estimated gain of $310.51 million.