Wednesday, April 18, 2007

SPI Acquires Springfield Service Corporation for US$ 44 Million

SPi, global business process outsourcing (BPO) company, has acquired, through a wholly owned US subsidiary, 100% of Springfield Service Corporation (SSC) for an aggregate purchase price of US$ 44 million, with the potential for future earn out payments. SSC provides billing and accounts receivable management services for over $1.3 billion of physician charges annually.

SPi is 100% owned by ePLDT, Inc. (Sys-Con)

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