Singapore's Capital Square revises StarTek take-private bid
Singapore-based private equity firm Capital Square Partners is continuing its bid to privatise US-listed outsourced customer engagement platform StarTek, having revised its targeted valuation downwards in the wake of market volatility.
Capital Square took a majority stake in StarTek in 2018 when the business merged with one of its portfolio companies, India-based Aegis. It continues to own 56%, according to a filing. Last December, the...
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