Firstsource: In Talks With Barclaycard To Take Over U.K Center

11th Jun 2010 04:52

BANGALORE (Dow Jones)--India's Firstsource Solutions Ltd. (532809.BY) Friday said it is in talks with Barclaycard to buy its customer service center at Teesside in the U.K. Barclaycard is part of Barclays PLC's (BARC.LN) global and retail banking division. "We are in discussions with them, but can't comment on the commercial terms of the deal," a company spokeswoman told Dow Jones Newswires. Barclaycard confirmed the talks as well. In a statement posted on its website, it said the company has entered into discussions with Firstsource Solutions over a potential partnership. "Plans for the existing Teesside employees and building will form part of the discussions and Firstsource has given a commitment to establish a long-term presence in Teesside," Barclaycard said. -By Dhanya Ann Thoppil, Dow Jones Newswires; +91-9886929464; [email protected] (END) Dow Jones Newswires June 10, 2010 23:52 ET (03:52 GMT)