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Tech Mahindra to buy CJS Solutions Group for $110 million

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Software services provider Tech Mahindra Ltd will buy U.S.-based healthcare provider CJS Solutions Group for an enterprise value of $110 million. The deal includes an upfront cash payment of $89.5 million to buy an 84.7 percent stake in CJS with the remaining 15.3 percent to be acquired over three years, the company said in a press release. The transaction is expected to close before the end of April 2017.

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