Aditya Birla Minacs today announced the acquisition of UK-based Compass BPO Ltd, a leading pure-play end-to-end Finance and Accounting (F&A) services provider.

Through this acquisition Minacs strengthens its F&A capabilities and adds domain expertise in end-to-end accounting services and business solutions. Minacs will take over all the operations of Compass across the UK, US, Middle East and in India, bringing Minacs' F&A employee strength to 600. More

Aditya Birla Minacs recently launched its global Finance & Accounting (F&A) Shared Services Center in Chennai. With over 275 highly specialized finance professionals and accountants, the center provides F&A solutions to small and medium sized businesses (SMBs) around the world. More

Meet Aditya Birla Minacs at the March 1-3 ProcureCon Indirect 2010 event in Charlotte, NC. Minacs' participation showcases end-to-end capability and expertise in providing strategic consulting services in the Source-to-Pay (S2P) business.

Michael Koontz, SVP Financial Services, is among the moderators in the ProcureCon Indirect Think Tanks round table session.

Aditya Birla Minacs Worldwide Limited has issued Rs. 2500 million (Rs. 250 crores) via Compulsorily Convertible Debentures ("CCDs") through private placement. The CCDs are zero coupon debentures and would be mandatorily converted into equity of the Issuer at the end of 5 years. The issuance would strengthen the balance sheet of ABMWL and the funds would be utilized for business expansion...More