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BRIEF-Telus International to acquire Xavient Information Systems
October 30, 2017 / 12:12 PM / in 23 days

BRIEF-Telus International to acquire Xavient Information Systems

Oct 30 (Reuters) - Telus Corp

* Telus International to acquire xavient information systems

* Telus Corp - ‍transaction will be financed primarily from Telus International credit facilities and Telus International shares​

* Telus Corp - total consideration for deal, including purchase of remaining interest, is estimated to be approximately US$250 million​

* Telus Corp - ‍under agreement Telus International will initially acquire a 65% majority interest in Xavient​

* Telus Corp - ‍ under agreement Telus International will have right to acquire remaining interest on or before December 31, 2020​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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