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For PEs, the allure of the BPOs lingers on

By Manu P Toms

  • 01 Oct 2015

When private equity giant Blackstone bought the India-based global offshore services business of the UK's Serco Group for $385 million last month, it generated curiosity among industry observers.The deal is Blackstone's largest investment in India till date and involves buying a business that it had sold to Serco four years ......

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