Happiest Minds Technologies Limited agreed to acquire Macmillan Learning India Private Limited from Holtzbrinck Publishers, LLC for INR 45 million.

Happiest Minds Technologies Limited (NSEI:HAPPSTMNDS) agreed to acquire Macmillan Learning India Private Limited from Holtzbrinck Publishers, LLC for INR 45 million on April 19, 2024. The consideration consists of INR 45 million in cash. Happiest Minds will be purchasing 0.1 million shares of Macmillan.Macmillan Learning India Private Limited reported revenue of INR 69 million for FY 2022-23.The acquisition is expected to be completed by April 30, 2024.