R Systems Announces Sale of Europe BPO Business

November 28, 2014

R Systems Announces Sale of Europe BPO Business

We are pleased to inform that the Company has signed and executed the necessary deeds and documents on November 27, 2014 for the completion of transfer of Europe BPO Business by way of sale of Company’s 100% holding in R Systems Europe B.V., The Netherlands and R Systems S.A.S., France, being wholly owned subsidiaries of the Company to Customer Contact Management Group B.V., a Europe based Company, for an enterprise value of Euro 4 Million on a debt free-cash free basis.

For further information please contact:
Vikash Kumar Tiwari (Tel No. 0120 – 4082 633)

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