Sutherland, Genpact May Buy Apollo's BPO In $220M Deal



Sutherland, Genpact May Buy Apollo's BPO In $220M Deal - Back office majors Sutherland Global Services and Genpact are in the final race to acquire Apollo Health Street, the healthcare business process outsourcing (BPO) arm of Apollo Hospitals, in a deal valued at over Rs 1,100 crore ($220 million).

Apollo Hospitals and associates hold about 54% stake, while Temasek Holdings, One Equity Partners and other financial investors have the remaining shares in the 12-year-old BPO firm. The transaction is expected to value Apollo Health Street at about two times revenue, which is estimated at a little over $100 million.

Read More: TOI

 


 
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