Baring Private Equity to buy 35% of Telus International

Baring Private Equity has agreed to buy a 35 percent stake in Telus International. The deal values Telus at about $1 billion. Telus shareholders will retain 65 percent. Telus International provides customer service, IT, and business process services to industry leaders across the telecommunications, utilities, high tech, gaming, finance, retail, e-commerce, travel and logistics, and health care sectors. Rothschild advised Telus.

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