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