Aegis to acquire UCMS Group

Aegis to acquire UCMS GroupEssar Group's business process outsourcing arm, Aegis has announced that it has decided to acquire UCMS Group, an Australian business firm in an all cash deal worth around Rs 203 (Aus $54 million).

The company stated in a communiqué that Aegis, through its affiliate firm Aegis BPO Services Australia Pty Ltd, has inked a definitive pact to buy all shares of UCMS Group through an all-cash transaction with an aggregate equity value of Aus $54 million.