Business Standard

Tuesday, December 24, 2024 | 09:29 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

HOV Services jumps on merger transaction of US unit

Image

Reuters

Reuters Market Eye - Business process outsourcing company HOV Services surges 11.5 percent.

Adds to Monday's 20 percent jump.

Marks its highest intraday level since Nov 2010.

Said on Monday SourceHOV Holdings Inc., in which it holds a minority stake, will merge with BancTec Group LLC.

Board meets later in the day to consider the transaction.

(Reporting by Abhishek Vishnoi)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 30 2014 | 10:27 AM IST

Explore News