Aegis, the back office firm promoted by the Essar group, said on Tuesday that it has completed the acquisition of Australia-based BPO firm UCMS Group for A$54 million (Rs 200 crore). Aegis has paid UCMS stockholders A$0.98 a share in cash through Aegis BPO Services Australia, which represents a premium of 133 per cent over the closing price of UCMS on May 14 A$0.42, being the last trading day prior to the media announcement made on May 15. The transaction has received al l the necessary approvals, Aegis said in a press statement.
Source: The Hindu BusinesslineAegis acquires Aussie BPO firm
Industry: BPO 2016-04-03