Dalal Street Investments

WNS looking to BUY Firstsource

May 27, 2008

WNS holdings is looking to buy out ICICI Bank’s entire stake and mop up shares held by some other private equity investors in Firstsource Solutions. ICICI Bank is the single largest shareholder in Firstsource Solutions (FSL), holding 24.84% stake (as at end March 2008).

Firstsource is among India’s leading business process outsourcing (BPO) companies providing business process management services to global leaders in banking & financial services, telecom & media and healthcare domains.


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