Exult to Acquire Pricewaterhouse Unit
Exult Inc., a human-resources management company, agreed to purchase PricewaterhouseCoopers’ international business-process outsourcing unit for $17 million to expand globally.
About 500 employees will become part of Irvine-based Exult’s business, the company said.
Exult will have service centers in South America and Britain and a presence in Eastern Europe, Western Europe, Hong Kong and Singapore as a result of the acquisition.
Shares of Exult fell 2 cents to $7.45 on Nasdaq before the announcement.
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