Mulitex eyes 10% stake in Effort BPO

Hong Kong-based $400-million Mulitex Holdings plans to acquire a 10% equity stake in Mumbai-based Effort BPO.

By PTI | Aug 27, 2007, 02.25 AM IST

MUMBAI: Hong Kong-based $400-million Mulitex Holdings plans to acquire a 10% equity stake in Mumbai-based Effort BPO.

Effort BPO director Rajnish sarna has confirmed the deal at an undisclosed price. The boards of both companies are in discussion and the transaction is scheduled to be completed by the first week of September. Effort BPO is engaged in the business of setting up and operating call centre services in India.

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