Global outsourcing services company Aegis, said it will acquire remaining shares of its joint venture business process outsourcing (BPO) Actionline in Argentina. No financial details were provided.
Aegis said it signed an agreement with Y&R Inversiones Publicitárias S.A. and its business partner to buy their stake in Actionline.
Actionline is one of the largest BPOs in Argentina spread across seven centres in five cities. It is domestic market serves telecom, banking, insurance, and energy clients in the region. With this agreement, Aegis aims to expand its reach Latin America, said the company in a statement.
Actionline's ongoing operations in Chile and Brazil are not impacted by this transaction. Actionline marks the 16th acquisition for Aegis over the last five years.
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