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TELEPERFORMANCE BUYS INTELENET
Advent to acquire Encora for $1.5 billionWhile Warburg owns 80% of the company, the rest is held by founder Venu Raghavan and the management.- Policybazaar IPO imminentFrom Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick look at the top tech news today.
- Suitors line up to acquire Hexaware Technologies in $2.5-billion dealPrivate equity firms Bain Capital, Carlyle Group and KKR & Co., as well as French outsourcer Teleperformance SE, are in fray to acquire Hex...
- Sensing growth, Teleperformance may up headcount to 150kOverall, the company has about 300,000 employees, of whom 75,000 are in India, and is growing revenue at over 8% year-over-year. “We did no...
- L&T buys 20.32% stake in Mindtree from V G SiddharthaThe Rs 3,269 crore deal was signed on Monday night and gives the Cafe Coffee day founder an exit.
- After record first half, M&A deals face election jittersOverall, Indian M&A activity — including outbound deals — stood at $68 billion in the first half, surging past $65 billion in entire 2017 a...
- Teleperformance to keep Intelenet close, local business closerAbout 35% of Intelenet's revenue comes from the domestic business and the Mumbai-headquartered co. had been bringing in senior talent from ...
- Teleperformance inks $1billion deal for buying IntelenetBlackstone had first invested in Intelenet in 2007 and in 2011, then sold the stake to UK's Serco Group for ($383 million at the time). In ...
- Teleperformance set to buy Intelenet for $1 billionBlackstone, which bought back Intelenet in 2013 from UK’s Serco Group for £250 million (Rs 2,558 crore or $385 million), had mandated JP Mo...
- French firm Teleperformance front runner to buy Intelenet in $1 billion dealEuronext-listed Teleperformance is set to face competition from PE group Baring Asia and US IT services company Convergys who joined the fr...
- Blackstone may buy back Intelenet at $450-500 million valuationSerco has sought offers for the about to be carved out BPO unit, which is mostly Intelenet's merged operations.
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