Infosys (INFY) said Thursday it signed a definitive deal to acquire energy consulting firm MRE Consulting.
No financial details were disclosed. The company said it expects the acquisition to improve its energy and commodity trading and risk management capabilities.
Infosys expects to close the transaction by the end of June, subject to customary closing conditions.
Shares of Infosys were down over 4% in early Thursday trading.
Price: 15.87, Change: -0.71, Percent Change: -4.28