Bird & Bird assists Infosys with their new strategic partnership with Danske Bank

Infosys and Danske Bank have agreed on a strategic partnership and the sale of Indian subsidiary Danske IT, comprising approx. 1,400 employees, to Infosys. The goal is to support Danske Banks’ digital and technology transformation. The transaction is subject to customary authority approval, which is expected in H2 2023.

Bird & Bird assisted Infosys in the negotiation for the acquisition of Danske IT in India and a Master Service Agreement for the ongoing service delivery to Danske Bank from Infosys. The Bird & Bird team consisted primarily of partner Jan Ussing Andersen, partner and head of country Casper Moltke-Leth, partner Morten Nissen, associate Alexander Brøchner and counsel Vivek Kailas.

Congratulations to both Infosys and Danske Bank on getting this very complex deal done and thank you for the collaboration to partner Ole Horsfeldt, partner Michael Philip Schmidt, managing counsel Andreas Hertel, attorney Caroline Christensen Glyager and attorney Casper Dybbro Andersen from the Gorrissen Federspiel Team as well as the Khaitan Team.

It was a privilege and a pleasure to support Infosys on this deal. Thank you for the trust!

News & Deals

More News & Deals

Deal

Bird & Bird advises Decathlon Pulse on a financing round in Rebike

Nov 18 2024

Read More

Deal

Bird & Bird advises Deutsche Pfandbriefbank AG on the development financing of two logistics centres for Hillwood

Nov 18 2024

Read More

News

Bird & Bird Sydney exceeds Law Council of Australia’s Equitable Briefing targets in 2023-2024

Nov 14 2024

Read More

Deal

Bird & Bird advised Iron Mountain on the acquisition of IT asset disposal company Wisetek

Nov 14 2024

Read More

News

Bird & Bird appoints technology and data protection specialist Nicholas Boyle as a partner in Sydney

Nov 12 2024

Read More

News

Bird & Bird appoints renowned procurement and public law expert Andrew Dean as partner in London

Nov 11 2024

Read More