Thomson Reuters to acquire LPO Pangea3 for up to $40m in a strategic buy

Thomson Reuters is in advanced talks to buy legal process outsourcing (LPO) company Pangea3, according to Business Standard and Legally India sources . The acquisition price would be in the range of $35 to 40m (Rs 157 to 200 crore) reported Business Standard earlier today, citing unnamed sources. Insider sources also independently confirmed to Legally India that the LPO was being sold and a person with knowledge of the development confirmed Thomson Reuters as the acquiror, which was a strategic investment for the company into a new vertical.

legallyindia.com Thu, Nov 18, 2010

Thomson Reuters to acquire LPO Pangea3 for up to $40m in a strategic buy

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