Entering text into the input field will update the search result below

France's Teleperformance ADR +5.5% as it agrees to $1B Intelenet deal

Jun. 15, 2018 1:10 PM ETTeleperformance SE (TLPFY) StockBX, TLPFYBy: Liz Kiesche, SA News Editor
  • Teleperformance ADRs (OTCPK:TLPFY +5.5%) jump day after the Paris-based company agrees to buy Mumbai-based Intelenet from Blackstone (NYSE:BX) for about $1B.
  • Intelenet is a provider of customer experience management, back-office, human resources, and financial & administration services.
  • Teleperformance sees the deal adding about 10% to EPS before amortization of goodwill in 2018 on a pro forma basis.
  • The acquisition is being financed through debt provided by BNP Paribas, JPMorgan, and Natixis, which may be replaced, in whole or in part, by a bond issue.
  • The transaction is expected to close on Sept. 30, 2018.
  • Previously: Teleperformance reports Q1 results (April 24)

Recommended For You

More Trending News

About TLPFY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
TLPFY--
Teleperformance SE