LONDON--Serco Group PLC (SRP.LN), a international service company, said Monday it has signed a contract for an outsourcing partnership that will provide customer contact and support services for AEGON (AGN).
-The contract will commence on Nov. 1 and has a total estimated value to Serco over the 10-year initial term of 170 million pounds.
-Under this new partnership Serco will operate primarily from AEGON's offices in Lytham St Annes.
-Serco shares closed Friday at 565 pence, valuing the company at GBP2.8 billion.
-Write to Mark Shapland at [email protected]
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