StockWatch
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Computers - Software & Consulting
Acquisitions30 Sept 2026, 03:37 pm

Wipro Acquisition Deal Completion Delayed to Dec 31

AI Summary

Wipro Limited, through its subsidiaries, has announced a delay in the completion of its acquisition of select customer contracts from Alpha Net Consulting LLC and its subsidiaries. The transaction was initially expected to conclude by September 30, 2026. The company has now informed stakeholders that the deal is now anticipated to be finalized by December 31, 2026. This update follows earlier communications on April 15, 2026, and June 23, 2026, which initially announced the definitive agreement for this acquisition.

Key Highlights

  • Acquisition of Alpha Net Consulting contracts completion extended.
  • New expected completion date is December 31, 2026.
  • Transaction was previously expected to close by September 30, 2026.
  • This is a follow-up to earlier announcements on April 15 and June 23, 2026.