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SERCO INDIA
Blackstone group acquires majority stake in Serco's BPO unit in Gurgaon for Rs 2,558 croreSerco has announced the sale of its Business Process Outsourcing operation to private equity firm Blackstone for a total 250 million pounds.- Blackstone set to buy Intelenet with revised $375 million offerPrivate equity giant Blackstone has sweetened the offer to acquire London-listed Serco's Indian business process outsourcing unit-formerly ...
- Serco BPO executives quit to foil CVC Capital Partners dealSPI had made a bid to buy Serco and Parekh wanted to know if the senior management would be willing to work for him.
- Blackstone drops out of race to buy Serco BPOBlackstone has dropped out of the bidding to buy Serco BPO because it found the price quoted by its British parent too high.
- CVC Capital leads race for $400-million Serco armCVC and world's largest private equity manager Blackstone Group had fired binding offers to acquire Serco's Indian operations last month.
- Sale of Serco BPO hits pricing stumbling block as PEs drop outSerco BPO, which has about 60,000 employees globally, was put up for sale by Serco Group late last year, to help fill a £1.5 billion hole i...
- More woes for Serco’s struggling BPO arm as it posts loss of 23.4 million pounds in 2014Troubles at the parent company, including allegations of fraud committed in government contracts, led Serco Group to put the BPO unit up fo...
- Private equity investors Carlyle, Apax, Baring enter race for $500m Serco unitThe PE funds have signed initial non-disclosure agreements after Citigroup, mandated by Serco, rolled out a process in recent weeks to sell...
- Bid to plug £1.5 bn hole: Bleeding UK parent puts, India's third-largest BPO, Serco on saleThe review, which was led by McKinsey, concluded that the company should sell its noncore businesses, including the BPO business.
- Serco wins HR outsourcing contract from US-based firmOutsourcing services provider Serco has bagged a BPO contract from a large US financial conglomerate to provide HR outsourcing services in ...
- CCI approves merger of SKR BPO and Intelenet with Serco BPOFair trade regulator Competition Commission of India has approved the proposed merger of SKR BPO Services and Intelenet Global Services wit...
- Serco to expand Agra facility by hiring 850 peopleGlobal services firm Serco today said it will expand its Agra facility by increasing its headcount and creating 850 new positions.
- Serco in exclusive talks with Aegon for multi-million pound BPO dealThe deal is in excess of 150 mn pounds. The partnership will be for providing customer contact & support services for Aegon's UK-based prot...
- UK based Serco Global Services starts BPO centre in BarodaSerco Global Services, the BPO division of Serco today announced the launch of a new delivery centre at, Kankavati Atrium in Baroda.
- UK based Serco brings all BPO assets under one roofThe new division also includes BPO capability brought in from a small acquisition in Australia, Excelior, made a few months ago, and Infovi...
- Serco launches new global BPO division, eyes $1 billion revenueThe Global Services division has a workforce of around 50,000, over 150 clients and a diversified footprint with a presence in 10 countries.
- BPO is moving from back office to front office: Intelenet Global ServicesBesieged by private equity investor Blackstone and a business gap in India's largest domestic BPO Intelenet Global Services, the company’s ...
- Blackstone sells stake in back office firm Intelenet to UK's Serco Group for around $500 millionThe transaction gives Serco, which provides business services in UK & other countries, a presence in back-office services & a sizeable foot...
- UK's Serco buys InfoVision for $75 mnThe company has bought a 60% stake and will acquire the rest over the next couple of years.
- UK’s Serco in talks to buy InfoVision for Rs 250 crUK-based $2.6-billion services major Serco Group is in talks to acquire Indian BPO player InfoVision Group.
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