Current Price: โน8,549.00 | Down 0.94%
โก At a Glance
- Coforge Ltd has fully exited its step-down UK-based subsidiary, Coforge AdvantageGo Ltd
- Stake sold to Sapiens UK Ltd, a known global player in insurance software
- The deal was first announced on April 28, 2025 โ and has now officially concluded
- Stock fell slightly by 0.94%, likely on expectations already being priced in
Coforge to AdvantageGo: โThanks for the memories. Now go make insurance sexy with someone else.โ
๐ Whatโs the Deal?
- Seller: Coforge UK Ltd (100% owned by Coforge India)
- Buyer: Sapiens UK Ltd
- Target: Coforge AdvantageGo Ltd โ known for underwriting, reinsurance, and digital insurance software tools
- Type: Share Purchase Agreement