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08 Apr 2026

Baker McKenzie Advises Wipro on USD 375 Million Acquisition of Mindsprint from Olam Group

"Baker McKenzie advised Wipro Limited on its agreed acquisition of Mindsprint, the Olam Group’s IT services unit, for USD 375 million (subject to customary post-closing adjustments). The sale and purchase agreement was signed on 5 April 2026, with closing expected within about two months pending merger control filings and other conditions. The deal is part of a multi-year strategic transformation engagement between Wipro and Olam expected to exceed USD 1 billion in total contract value. Combining Mindsprint’s domain expertise and IP-led solutions with Wipro’s consulting-led, AI-powered capabilities is intended to drive innovation and growth for Olam and Wipro’s global clients."

Baker McKenzie advised Wipro Limited on its acquisition of Mindsprint from the Olam Group. The transaction is the sale of Mindsprint, Olam Group’s IT and digital services unit (headquartered in Singapore, with operations in Singapore, India, Saudi Arabia, the UK, the US, Malaysia and Australia), to Wipro for USD 375 million (subject to customary post‑closing adjustments). The deal forms part of a multi‑year strategic transformation engagement between Wipro and Olam expected to exceed USD 1 billion in total contract value. The sale and purchase agreement was signed on 5 April 2026, with closing expected within the next two months, subject to merger control filings and other customary conditions. The combination is intended to pair Mindsprint’s domain expertise and IP‑led solutions with Wipro’s consulting‑led and AI‑powered capabilities. Baker McKenzie lawyers named in the press release (seniority not specified in the release; practice areas and offices as listed): - M&A (Amsterdam): Mo Almarini; Max Nederlof; Mandy Chin. - M&A (Singapore): Lean Min-tze; Ong Liang Jun; Natania Ng. - Antitrust (Australia): Georgina Foster; Naasha Loopoo. - Antitrust (Kingdom of Saudi Arabia): David Monnier; Marwan Othman; Ruwaa AlAbdullatif. The release also notes additional due diligence support from Baker McKenzie colleagues in Australia, the Kingdom of Saudi Arabia, Malaysia, the UK and the US, though no further individual names or seniority details were provided.
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