WNS Completes Value Edge Research Services Acquisition
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today
announced it has completed the acquisition of Value Edge Research Services Pvt. Ltd. after receiving approval from the Reserve Bank
of India (RBI). Cash consideration for the transaction is $17.5 million (plus adjustments for cash and working capital), which is
expected to be funded with cash on hand. The acquisition is expected to be accretive to earnings in fiscal 2017. WNS entered into a
definitive agreement on March 11, 2016 to acquire Value Edge, a leading provider of commercial research and analytics services to
clients in the Pharma / Biopharma industry.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business process management company. WNS offers business value to 200+
global clients by combining operational excellence with deep domain expertise in key industry verticals including Travel,
Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare
and Utilities. WNS delivers an entire spectrum of business process management services such as finance and accounting, customer
care, technology solutions, research and analytics and industry specific back office and front office processes. As of March 31,
2016, WNS had 32,388 professionals across 40 delivery centers worldwide including China, Costa Rica, India, Philippines, Poland,
Romania, South Africa, Sri Lanka, United Kingdom and the United States. For more information, visit www.wns.com.
Forward-Looking Statements
This report contains forward-looking statements, as defined in the safe harbor provisions of the US Private Securities
Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations and assumptions about Value
Edge, our Company and our industry. Generally, these forward-looking statements may be identified by the use of terminology such as
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “will,” “seek,” “should” and similar expressions. These statements
include, among other things, the discussions of the completion of our acquisition of Value Edge, the timing of the completion of
our acquisition of Value Edge, and the expected benefits of our acquisition of Value Edge, our growth opportunities, industry
environment, expectations concerning our future financial performance and growth potential. Forward-looking statements inherently
involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such
statements. Such risks and uncertainties include but are not limited to worldwide economic and business conditions; political or
economic instability in the jurisdictions where we have operations; regulatory, legislative and judicial developments; our ability
to attract and retain clients; technological innovation; telecommunications or technology disruptions; future regulatory actions
and conditions in our operating areas; our dependence on a limited number of clients in a limited number of industries; our ability
to expand our business or effectively manage growth; our ability to hire and retain enough sufficiently trained employees to
support our operations; negative public reaction in the US or the UK to offshore outsourcing; the effects of our different pricing
strategies or those of our competitors; and increasing competition in the BPM industry. These and other factors are more fully
discussed in our most recent annual report on Form 20-F and subsequent reports on Form 6-K filed with or furnished to the US
Securities and Exchange Commission (SEC) which are available at www.sec.gov. We caution you not to place undue reliance on any forward-looking statements. Except as required by
law, we do not undertake to update any forward-looking statements to reflect future events or circumstances.
References to “$” and “USD” refer to the United States dollars, the legal currency of the United States.
WNS (Holdings) Limited
Investors:
David Mackey
Corporate SVP – Finance & Head of Investor Relations
+1 (201) 942-6261
david.mackey@wns.com
or
Media:
Archana Raghuram
Head – Corporate Communications
+91 (22) 4095 2397
archana.raghuram@wns.com; pr@wns.com
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