21 05 2016

Baring Private Equity Asia Acquires 35% Stake in TELUS International

Ropes & Gray represented Baring Private Equity Asia in its acquisition of a 35 percent stake in TELUS International. The agreement values TELUS International at CAD1.2 billion, with TELUS Corporation shareholders retaining a 65 percent interest in the business.


TELUS International is a global provider of 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. TELUS International has more than 22,000 team members located in Canada, the United States, Europe, Central America and Asia. Baring Private Equity Asia is one of the largest and most established independent alternative asset management firms in Asia, with a total committed capital of over CAD13 billion ($10 billion). The transaction was announced May 5 and is subject to customary closing conditions. The Ropes & Gray team included private equity partners Neill Jakobe (Picture) (Chicago), Brian Schwarzwalder (Hong Kong) and Will Rosen (London); business & securities litigation partners Andrew Dale (Hong Kong) and William Sussman (New York); intellectual property transactions partner James DeGraw (San Francisco); tax partner Elaine Murphy (Boston); intellectual property transactions counsel Thomas Burke (New York); antitrust counsel Deidre Johnson (Boston); private equity associate Hunter Sharp (Chicago); and tax associate Patrick Nash (Chicago). Involved fees earner: Neill Jakobe - Ropes & Gray; Brian Schwarzwalder - Ropes & Gray; Will Rosen - Ropes & Gray; Hunter Sharp - Ropes & Gray; Andrew Dale - Ropes & Gray; William Sussman - Ropes & Gray; James DeGraw - Ropes & Gray; Thomas Burke - Ropes & Gray; Elaine Murphy - Ropes & Gray; Patrick Nash - Ropes & Gray; Deidre Johnson - Ropes & Gray;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION

09/05/2018

LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION Read about le

LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr