Cerberus Acquiring 3i Infotech Unit
May 18, 2011- Share:
Cerberus Capital Management has agreed to acquire the US-based Global Billing and Payments unit of 3i Infotech for $137 million. The unit consists of Regulus Group and J&B Software. 3i Infotech, which provides information technology and business process outsourcing services, is being financially advised by Raymond James & Associates on the deal.
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