Brief: Exlservice Holdings Inc Entered Purchase Agreement With Clairvoyant For $80.1 Million In Cash
Dec 20 (Reuters) - Exlservice Holdings Inc EXLS.O :
* EXLSERVICE HOLDINGS INC - ON DEC 16, UNIT ENTERED PURCHASE
AGREEMENT WITH CLAIRVOYANT IN EXCHANGE FOR $80.1 MILLION IN CASH
* EXLSERVICE HOLDINGS INC - FUNDED THE PURCHASE WITH
AVAILABLE
CASH ON HAND AND BORROWING FROM ITS CREDIT FACILITY
* EXLSERVICE HOLDINGS - AGREEMENT INCLUDES POTENTIAL
EARN-OUT
CONSIDERATION OF UP TO $20 MILLION UPON ACHIEVEMENT OF CERTAIN
FINANCIAL TARGETS IN 2022, 2023
Further company coverage: EXLS.O
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