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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (4268)9/25/2016 9:41:46 PM
From: richardred  Respond to of 6290
Hinduja Global looks at acquisitions in US

21st September, 2016 | Online

Business Process Management (BPM) company Hinduja Global Solutions (HGS) is eyeing acquisitions in the healthcare and digital verticals as the company seeks to get back on the growth track.
While the company did not disclose the size of company it wants to acquire, Partha DeSarkar, Global CEO, HGS, said it will be looking at acquiring companies in the US. This comes on the back of an acquisition of Colibrium, an Atlanta-based company last year. Colibrium has software platform and servicing capabilities in the sales and enrolment area for the US and global health insurers.

One of the reasons for HGS to make an acquisition is to accelerate revenues and get access to clients.

“Our business was impacted by a Canada-based company and this hampered our operations there,” said DeSarkar, adding that after nine months, the deal has been restructured and things back on track. The company, however, as a policy does not disclose client details or size of the deal.

However, Ramkrishan P. Hinduja, Chairman, Hinduja Global Solutions and a graduate of the Wharton School of Business, said the new healthcare reforms in the US and a $160-billion business opportunity will drive growth of the company going forward. According to data, 41.8 per cent of its business comes from health insurance vertical and 65.8 per cent of revenues comes from the US.

The Bengaluru-based company had revenues of $500 million.

To: richardred who wrote (4268)10/17/2016 12:57:59 PM
From: Paul Senior  Read Replies (1) | Respond to of 6290
CTG: Added a bit more today.

Reversion-to-mean play for me: I'd like to see the stock trade at stated book value -- a level where it's traded many times previously.