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India's HOV Services to buy US firm

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CIOL Bureau
New Update

MUMBAI: Back-office and debt collection services firm HOV Services Ltd. said it plans to acquire US-based Lason Inc. for $148 million.

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The two companies, together, have an annual revenue rate of more than $200 million, HOV said in a statement.

HOV said it has raised $188 million in debt and equity from global institutions.

© Reuters

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