Convergys to acquire Finance & Accounting Outsourcing Business of Deloitte Consulting Outsourcing.

0 Comments | M2 Presswire, June, 2005

M2 PRESSWIRE-17 June 2005-CONVERGYS: Convergys to acquire Finance & Accounting Outsourcing Business of Deloitte Consulting Outsourcing(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:16062005 Cincinnati and New York - Convergys Corporation (NYSE: CVG), a global leader in providing customer care, human resources, and billing services, and Deloitte Consulting Outsourcing LLC today announced a definitive agreement under which Convergys will acquire the Finance and Accounting (F&A) Business Process Outsourcing (BPO) business of Deloitte Consulting Outsourcing LLC, a subsidiary of Deloitte Consulting LLP.

Deloitte Consulting Outsourcing and Convergys expect to close on the transaction as soon as practicable. Financial terms are not being disclosed. The acquisition...