eClerx Services Ltd approves acquisition of ~2% of Personiv Eclipse Inc. from its subsidiary for US$1.64 million.
- Cash consideration: US$1,639,121.40, based on an arm’s-length valuation.
- Completion is expected within one month; no regulatory approvals are required.
- eClerx’s aggregate ownership will remain unchanged at ~100%; the transfer is intended to provide working capital to eClerx LLC.