Nomura to acquire Lehman Bros` Indian BPO unit

Nomura Holdings is planning to acquire Lehman Brothers Holding's Indian back-office operations, including its information technology (IT) operations, Japan's Nikkei business daily said. The Nikkei reported that Nomura, Japan's biggest securities firm, would pay several billion yen to acquire the Mumbai-based operations, which employs more than 2,000 employees. Nomura has already accepted about 3,000 workers from Lehman Brothers' Asia-Pacific units and some 2,500 employees from Europe and the Middle-East, the Nikkei newspaper said. Lehman Brothers' Indian back-office operations, based in the financial hub of Mumbai, handles trading settlement duties as well as IT research and development.