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Access here alternative investment news about Teleperformance To Acquire Intelenet From Blackstone For $1b | Business Standard News
Private Equity

Teleperformance To Acquire Intelenet From Blackstone For $1b | Business Standard News

by business-standard.com posted 4months ago 80 views
Deal gives Blackstone exit with 4X returns, its largest in Asia so far. : In a move that will see private equity major Blackstone making a windfall from one of its Indian investments, French back-office services company, Teleperformance, on Wednesday said it would acquire business process outsourcing (BPO) services company, Intelenet Global Services, for $1 billion (around Rs 68 billion). The deal would see Blackstone exiting Intelenet with a 4X return, its largest exit in Asia so far.