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(From The Economic Times)
/ : Private equity funds led by Temasek Holdings, the investment arm of the Singapore government, and General Atlantic Partners (GAP) are in active negotiations with the promoters of ICICI OneSource - ICICI Bank and ICICI Venture Fund - exploring the possibility of picking up a stake in the BPO firm.
Sources familiar with the process said that negotiations with ICICI OneSource's promoters were currently on after the funds expressed interest in picking up a substantial stake. Apart from Temasek and GAP, two other private equity funds are also in dialogue with ICICI OneSource. Their names could not be ascertained.