LONDON: UK-listed healthcare services BPO firm CBaySystems on Tuesday announced the acquisition of Nagpur-based medical transcription services provider Suyash Software in a cash and stock deal.
CBaySystems said in a regulatory filing with the London Stock Exchange that it would pay 775,000 dollars in cash and the company's shares for a 75 per cent stake in Suyash. CBaySystems, which has a significant client base in the US, will acquire the remaining 25 per cent by May 2009.
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CBaySystems said in a regulatory filing with the London Stock Exchange that it would pay 775,000 dollars in cash and the company's shares for a 75 per cent stake in Suyash. CBaySystems, which has a significant client base in the US, will acquire the remaining 25 per cent by May 2009.
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