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New Deal


Announced

China Electronics to acquire Pactera Group from HNA Group for $750m.

Financials

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Transaction Value£577m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

IT Services: Other

Private

Pending

Majority

Friendly

China

digital consulting

Single Bidder

Synopsis

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China Electronics, an electronics and IT corporation, agreed to acquire Pactera Group, a provider of digital consulting, experience interaction, technology implementation, and operations services, from HNA Group for $750m. "We firmly believe that Pactera will have broader room to grow and add values to our clients," Tiak Koon Loh, Pactera CEO.

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