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Announced

Groupe Bruxelles Lambert to acquire Webhelp from KKR for $2.7bn.

Synopsis

Groupe Bruxelles Lambert, a Belgian holding company, entered negotiations to acquire Webhelp, one of the world's leading providers of customer experience and business process outsourcing, from KKR for $2.7bn. "We are enthusiastic to become a partner to Olivier Duha, Frédéric Jousset and the Management team in continuing the successful development of Webhelp, supporting the transition from a European Champion to a Global Leader. This transaction is consistent with GBL's announced objective to increase its exposure to controlled and private assets," Ian Gallienne, GBL CEO.

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