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METAVANTE MAY UP STAKE IN FIRST SOURCE (to 20% on a fully diluted basis).

India Business Insight

| November 30, 2006 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Metavante of the US is considering increasing its stake in First Source Solutions, the Rs340.23-crore business processes outsourcing (BPO) company headquartered in Mumbai. Metavante, through its Mauritius subsidiary, Metavante Investments, holds 12.36 percent stake in First Source.

Now, with a share purchase agreement between …

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