Aegis, the BPO arm of the Essar Group, is close to acquiring South Africa-based firm Call Centre Nucleus (CCN) for about Rs 90 crore (ZAR 150 million). This is in line with the Group's intention to expand its business in the African continent. When contacted, Aegis spokesperson said, "We keep looking at growth opportunities. However, it is not our policy to comment on any specific issue."
Earlier this month, Essar Global Chairman Shashi Ruia had said that the company was looking at acquisitions in Africa. Aegis BPO has acquired 12 firms worldwide in the last three years. Latest to come into its fold is an Australian BPO service provider, UCMS Group, which it bought for AUD 45 million this year.
Thursday, July 9, 2009
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