AGC Holdings, a wholly owned portfolio company of Essar Global Fund has confirmed an agreement with Teleperformance to sell its BPO business in the US, Philippines and Costa Rica to Teleperformance for $610 million. Aegis will continue to hold its BPO business in India, Sri Lanka, Malaysia, Australia, South Africa, Peru, Argentina, Saudi Arabia and UK.

Aegis prepares for £3bn Japanese takeover