Monitoring of Philippines outsourcing, business, and political developments.
Saturday, May 13, 2006
Paxys Inc buys Smart Salary for $36.7m
Philippine call center Paxys Inc. is acquiring Australia's second largest outsourced salary packaging company, Smart Salary Pty Ltd., for $A36.7 million in cash and stocks. This is equivalent to 29.8 million shares of the company. (The Age)