SoftBank eyeing buyout deals in India to push AI-led IT, BPO operations

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SoftBank is exploring buyout opportunities in India, marking a significant shift from being a growth- and late-stage technology investor to that of a direct acquirer of assets, according to two people aware of its plans.

The Masayoshi Son-led Japanese conglomerate held talks to acquire business process outsourcing (BPO) firm AGS Health in a potential $1 billion deal, but those did not materialise with global asset manager Blackstone taking the lead, they said. SoftBank has also been in discussions with other outsourcing firms like WNS Global, as it…



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SoftBank eyeing buyout deals in India to push AI-led IT, BPO operations


SoftBank is exploring buyout opportunities in India, marking a significant shift from being a growth- and late-stage technology investor to that of a direct acquirer of assets, according to two people aware of its plans.

The Masayoshi Son-led Japanese conglomerate held talks to acquire business process outsourcing (BPO) firm AGS Health in a potential $1 billion deal, but those did not materialise with global asset manager Blackstone taking the lead, they said. SoftBank has also been in discussions with other outsourcing firms like WNS Global, as it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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