PE firms bid for CVCI-owned BPO firm SourceHOV - report
Apax Partners, The Carlyle Group and Baring Private Equity Asia are said to be among bidders for SourceHOV, a business process outsourcing (BPO) firm jointly owned by Citigroup Venture Capital International (CVCI) and Mumbai-listed HOV Services.
According to The Times of India, the two shareholders have enlisted Morgan Stanley to manage the sale. Two global outsourcing corporations are also said to be among those to have made offers. The initial...
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