Essar sells BPO company Aegis for $275-300 million

NEW DELHI: Ruias-led Essar Group today announced sale of its BPO company Aegis Ltd to Singapore-based private equity fund manager Capital Square Partners for an estimated $275 to 300 million. The sale marks Essar's complete exit from BPO business. 
Essar had in July 2014 sold Aegis USA Inc, an outsourcing and technology company with operations in the US, the Philippines and Costa Rica, to Teleperformance of Paris for $610 million. 
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