Brief: Exlservice Holdings Inc Entered Purchase Agreement With Clairvoyant For $80.1 Million In Cash

ExlService Holdings

20/12/2021 14:33

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