BRIEF-Teleperformance Buys ZP Better Together For $490 Mln

Dow Jones Industrial Average -0.13%
S&P 500 index +0.11%
NASDAQ +0.18%

Dow Jones Industrial Average

DJI

46504.67

-0.13%

S&P 500 index

SPX

6582.69

+0.11%

NASDAQ

IXIC

21879.18

+0.18%

Nov 26 (Reuters) - Teleperformance SE TEPRF.PA:

  • STRATEGIC ACQUISITION OF 'ZP BETTER TOGETHER', MARKET LEADER IN LANGUAGE SERVICES TO DEAF AND HARD OF HEARING COMMUNITY

  • TO ACQUIRE ZP FOR $490 MILLION

  • TRANSACTION PROJECTED TO BE ACCRETIVE TO TP'S EPS FROM YEAR 1

  • TRANSACTION EXPECTED TO CLOSE IN EARLY 2025

  • SHERRI TURPIN, CEO OF ZP, TO JOIN TELEPERFORMANCE EXECUTIVE TEAM

  • ZP IS EXPECTED TO GENERATE MORE THAN US$230 MILLION IN REVENUES IN 2024

Source text: ID:nBw66PsWWa

Further company coverage: TEPRF.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.