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Serco finally sells troubled division for £250m

The Guardian - 16 Sep 2015 18:11
Serco finally sells troubled division for £250m Company sells Indian based customer services operation to help reduce debt Serco, the controversial outsourcing group, has finally sold its troubled foreign business processing division at a £45m loss. The move, part of a restructuring under chief executive Rupert Soames, will mean Serco concentrating more on government service contracts that private sector business. It is selling the business - which runs IT and customer services from its base in India - to private equity firm Blackstone for �...
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