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R Systems International updates on sale of subsidiaries to Customer Contact Management Group B.V.

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Capital Market
Last Updated : Nov 28 2014 | 6:47 PM IST

Executes deeds and documents on 27 November 2014

R Systems International announced that the Company has signed and executed the necessary deeds and documents on 27 November 2014 for the completion of the transfer of by way of sale Europe BPO Business by way of sale of Company's 100% holding in R Systems Europe B.V., The Netherlands and R Systems S.A.S., France, being wholly owned subsidiaries of the Company to Customer Contact Management Group B.V., a Europe based Company, for an enterprise value of Euro 4 Million on a debt free-cash free basis.

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First Published: Nov 28 2014 | 5:54 PM IST

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