https://www.taxtmi.com/news?id=41683 Canarys Automations Limited acquired a 51% majority stake in Fortira Inc., a U.S. AI, ML and data solutions provider serving BFSI, healthcare and pharmaceutical clients. The transaction was financed via IPO proceeds, promoter subscription to warrants, and internal accruals, reflecting an equity-funded, debt-free approach. Canarys plans to acquire the remaining 49% over three years, enabling staged consolidation and integration of Fortira's capabilities into Canarys' global digital transformation strategy. en-us Tue, 22 Apr 2025 17:46:03 +0530 Tue, 22 Apr 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41683 Canarys Automations Limited acquired a 51% majority stake in Fortira Inc., a U.S. AI, ML and data solutions provider serving BFSI, healthcare and pharmaceutical clients. The transaction was financed via IPO proceeds, promoter subscription to warrants, and internal accruals, reflecting an equity-funded, debt-free approach. Canarys plans to acquire the remaining 49% over three years, enabling staged consolidation and integration of Fortira's capabilities into Canarys' global digital transformation strategy. News - Tue, 22 Apr 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=41683