BOMBAY: Citigroup Inc said on Monday it will offer US$126mil for full control of services firm e-Serve International, following a trend for Fortune 500 companies to raise stakes in India’s booming outsourcing sector.
Citigroup, the world’s largest financial services company, has offered 800 rupees per share to buy the 55.6% it does not own in Bombay-based e-Serve.
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