Serco Signs New BPO Contract with AEGON Worth GBP170 Million
October 29 2012 - 03:43AM
Dow Jones News
LONDON--Serco Group PLC (SRP.LN), a international service
company, said Monday it has signed a contract for an outsourcing
partnership that will provide customer contact and support services
for AEGON (AGN).
MAIN FACTS:
-The contract will commence on Nov. 1 and has a total estimated
value to Serco over the 10-year initial term of 170 million
pounds.
-Under this new partnership Serco will operate primarily from
AEGON's offices in Lytham St Annes.
-Serco shares closed Friday at 565 pence, valuing the company at
GBP2.8 billion.
-Write to Mark Shapland at mark.shapland@dowjones.com
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