Tuesday, January 03, 2006

ACS in Possible Sell-Off Talks

According to press reports, Affiliated Computer Services (ACS), the US-based IT and BPO service provider, is reportedly in talks for a possible sell-off with a group of investment companies. The price for is being speculated to be about USD 8 billion. However, the developments were not confirmed by officials from either side.

The investor group is being led by the Texas Pacific Group and also includes Bain Capital and Blackstone Group.

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