This transaction is subject to customary conditions and regulatory approvals and is expected to be closed by the end of this year. Upon closing of the deal, PeoplSupport will stop trading in Nasdaq. The reason cited for rejecting the bids was unwillingness or inability of the buyers to provide any evidence to assess their ability to fund the transaction. IPVG later withdrew from the transaction. The law firm has asked the shareholders of the firm to contact them.
It has not mentioned the details of investigation. The deal is to be funded through internal accruals of the Essar group. Aegis would be getting 15 new clients from this acquisition and would also foray in to travel and transportation sector. Log in Keep me signed in. Get New Password. Bala G. By Madhav A Chanchani. We want to ensure them that the entire consolidated team is committed to serving them with dedication, professionalism and passion.
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