Aditya Birla Minacs Sold
  • Prabha Hedge
  • Jan 31 2014

January 31: Aditya Birla Group is exiting the I.T. business. The Group has agreed to sell its Canada-based outsourcing firm, Aditya Birla Minacs, to a group of financial investors led by Capital Square Partners and CX Partners. The sale will happen at an enterprise value of $260 million. Sunanda Jayaseelan shares more details on the same.