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Aegis to buy UCMS Group for Rs 203 cr

Aegis to buy UCMS Group for Rs 203 cr

Rediff.com16 May 2009

Continuing its inorganic growth strategy, Aegis, the Essar group's business process outsourcing arm, has signed a deal to acquire UCMS Group, an Australian firm, through an all-cash transaction worth AUD 54 million (around Rs 203 crore).