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India's Firstsource stake put on sale

Bombay News.Net
Monday 8th September, 2008 (ANI)

Hong Kong/Mumbai, Sept.8 : Firstsource, one of India's leading business-process outsourcing companies, has put one of its stakes up for sale.

According to the Financial Times, Metavante, a US-based banking technology group, has appointed Goldman Sachs to find a buyer for its 20 per cent holding in the Mumbai-listed company.

Firstsource is India's third biggest BPO in terms of revenue and first-round bids are expected later this month.

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