CSG buys Intec Telecom for $370.9m

U.S. billing firm CSG Systems will buy Intec Telecom Systems, a British-based rival, for 236.7 million pounds ($370.9 million), in a deal supported by private equity firm General Atlantic, which has an almost 12 percent stake in Intec. RBS Hoare Govett advised Intec and Greenhill advised CSG Systems on the deal.

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