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  • Indian Software Solutions Provider Kale Consultants to Sell 35.61% Stake to France Based Accelya Holding World
  • September 15, 2010
  • Indian software solutions firm, Kale Consultants Friday reported that its backers are planning to sell about 35.61% of its stake to Accelya Holding World.

    Mumbai - The French business process outsourcing firm, Accelya Holding World, went into an agreement with Kale Consultants promoters, Narendra Kale and Vipul Jain, in a deal that will see the French firm acquire the promoters' entire shareholding at a price of 172 Indian rupees for every share, said Kale.

    In a statement Kale Consultants issued to the Bombay Stock Exchange, the firm said it had agreed to the offer from the French BPO firm. In a nutshell, the promoters' shareholding totals to 3...
  • View more at: http://www.1888pressrelease.com/indian-software-solutions-provider-kale-consultants-to-sell-pr-240742.html