Convergys Corp., a customer management services provider, will buy Stream Global Services from private equity firms Ares Management and Providence Equity Partners for $820 million. Stream provides customer relationship management services in 22 countries in 35 languages.
Philippine conglomerate Ayala Corp has bought 140 million common shares of Mitsubishi Corp's equity in Manila Water Company Inc for PHP2.8 billion, according to an emailed statement.
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