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Hinduja Global Solutions acquires 89.9% of Colibrium

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Capital Market

For consideration of USD 14.2 million

Hinduja Global Solutions announced that its subsidiary, HGS Colibrium Inc. has acquired 89.9% of Colibrium for approximately USD 14.2 million in addition to taking over debt funding of approximately USD 1.7 million. The enterprise value was ascertained at USD 17.5 million

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First Published: Mar 31 2015 | 4:10 PM IST

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