PE Hub Blogs - Mar 04, 2010Convergys Corporation (CVG)
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PE HubJust one hour ago, KKR portfolio company NorthgateArinso, a UK based provider of HR software and services company, signed a deal to buy the HR unit of
Convergys for $100 million in cash. The paperwork originally was supposed to be finished up before market close, but sometimes these things take a bit longer than expected. I spent a few minutes on the phone with NorthgateArinso CEO Mike Ettling, shortly after the final T was crossed.
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Just one hour ago, KKR portfolio company NorthgateArinso, a UK based provider of HR software and services company, signed a deal to buy the HR unit of <span class="company">Convergys</span> for $100 million in cash. The paperwork originally was supposed to be finished up before market close, but sometimes these things take a bit longer than expected. I spent a few minutes on the phone with NorthgateArinso CEO Mike Ettling, shortly after the final T was crossed.
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