Paxys sells Australian subsidiary for P3.79b
Paxys Inc., a listed holding company with investments in the business process outsourcing sector, said Monday it sold its Australian unit for A$84.9 million (P3.79 billion).
Paxys said in a disclosure to the stock exchange wholly-owned unit Paxys N.V. signed an agreement to sell 100 percent of its equity interest in Paxys Australia Pty. Ltd. to SmartGroup Investments Pty. Ltd.
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