Blackstone In Race For Serco’s Bpo Arm

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago.

“Blackstone’s entry in the bidding is significant as it will help Intelenet to further strengthen its client portfolio through Blackstone invested companies,” Greyhound Research Chief Analyst and Group CEO Sanchit Vir Gogia said.

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