Serco seals 250m sale of offshore call centers

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\ n \ nMr Soames recognized the business, which supplies back-office solutions such as client commitment programmes, advertising and information management to hundreds of multinational companies, as non-core in March this year. \ n \ nSerco said that in its loss-making UK BPO procedures it had actually made some progress in ending up unprofitable contracts early, but the rest were still likely to make a loss of 11m this year. \ n \ nSerco said the deal was expected to be finished by the end of the year and also would consist of 220m in money as well as a 30m loan note.


\ n \ nMr Soames identified click through the following post company, which supplies back-office solutions such as consumer commitment programmes, advertising More Tips (yoobbr.com) and marketing as well as data management to hundreds of multinational firms, as non-core in March this year. \ n \ nThe sale rate was seen by analysts at Shore Funding as somewhat higher compared to anticipated, while Liberum believed it somewhat listed below par. \ n \ nSerco stated that in its loss-making UK BPO procedures it had made some progress in ending unprofitable agreements early, yet the remainder were still likely to make a loss of 11m this year. \ n \ nSerco claimed the deal was expected to be finished by the end of the year and would consist of 220m in cash as well as a 30m loan note.

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