MUMBAI: CBaySystems Holdings today said it had completed the acquisition of 69.5 per cent stake in medical transcription services major MedQuist.
CBaySystems has bought the stake from Koninkiijke Philips Electronics for USD 287 million. MedQuist is the world's largest medical transcription services company while CBaySystems Holdings is a holding firm with a portfolio of investments in medical transcription, healthcare technology and healthcare financial services.
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Monday, August 11, 2008
CBaySystems completes acquisition of stake in MedQuist
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