Sutherland Global Services to acquire Apollo's PE-backed BPO arm
Sutherland Global Services, a US-based business process and technology management services, has signed a definitive agreement to acquire Apollo Health Street (AHS), Apollo Hospitals’ healthcare business process outsourcing (BPO) arm. The company is part-owned by One Equity Partners and Temasek Holdings.
The transaction is expected to close by February 2013, the companies said in a joint statement. According to The Business Standard, the deal is worth around INR10 billion ($184 million), with Sutherland...
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