(Adds details on deal, background)
June 28 (Reuters) - Business process services company Synnex Corp said on Thursday it would buy call center operator Convergys Corp in a $2.43 billion cash-and-stock deal to expand its footprint in the technology and information services space.
The $26.50 per share offer represents a premium of 4.5 percent to Convergys' Thursday close. The deal is expected to close by the end of 2018.
Last week, Reuters reported, citing sources, the two companies were in talks for a deal, after Convergys chief executive, Andrea Ayers, stepped down following nearly 30 years at the Cincinnati-based company earlier this year.
Convergys is one of the several companies that was spun off from Cincinnati Bell Inc and became a separate public entity in 1998.
Fremont, California-based Synnex, which operates in more than 30 countries, said it expects the deal to add to its adjusted earnings per share in the first year, reaching double-digits by the second year.
The company expects cost savings of $50 million in the first year, achieving a minimum of $150 million by the third year. (Reporting by Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur)