Mergers and Takeovers
  • Essar planning to sell Aegis

    June 16, 2014
    0 0 0 0 0 0 0 The Essar Group, the large Indian conglomerate, is planning to sell off Aegis – its IT and BPO part of the business. According to a report by CNBC-TV18 the group has resumed the talks with private equity players that they were talking to about two-three years back. Some […]
  • Concentrix completes second phase of IBM Acquisition

    May 7, 2014
    0 0 0 0 0 0 0 Concentrix Corporation has announced the addition of 19 delivery locations, across 13 countries, completing the second phase of the acquisition of IBM’s global customer care and industry process services business. “The overall acquisition to date combines two great cultures and has created a new organization reflecting the scale […]
  • Convergys buys out rival Stream Global Services

    January 8, 2014
    0 0 0 0 0 0 0 Customer management services provider Convergys Corp said it would buy rival Stream Global Services Inc from its private equity owners for $US 820 million in cash in its largest ever deal to expand its client base and international presence. Shares of Cincinnati, Ohio-based Convergys jumped 20 percent after […]