OneAssist Consumer Solutions Pvt. Ltd. and Bolttech Device Protection India Private Limited agreed to acquire CPP Assistance Services Pvt. Ltd from CPPGroup Plc for £15.7 million.
Summary
OneAssist Consumer Solutions and Bolttech Device Protection India agreed to acquire CPP Assistance Services from CPPGroup for £15.7 million. The deal covers 100% of CPP India, with most of the payment due at completion and the rest tied to later instalments and performance conditions. CPPGroup said the proceeds will support Blinks expansion and restructuring of its remaining legacy operations. Shareholders later approved the transaction, and the parties also revised the purchase price down to £14.5 million.
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