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Firstsource to acquire MedAssist Holding Inc

Business process outsourcing service provider Firstsource Solutions has entered into an agreement to acquire US-based healthcare company MedAssist Holding, Inc for $330 million.

Firstsource Solutions has got into an agreement to buy MedAssist Holding, for $330 million, subject to regulatory approval under the US HSR (Hart – Scott – Rodino Anti Trust Improvements) Act.

As per the terms of the agreement, there would be no change in the management of MedAssist and employees would continue in their current jobs, Firstsource said in a filing to the Bombay Stock Exchange. (The Hindu)

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