The Anscor stake sold in the deal represented 93.55 per cent of total outstanding shares in CMSI. Anscor had acquired CMSI in 2008.
CMSI owns 100 per cent of Cirrus Holdings USA LLC, a North Carolina limited liability company engaged in the contract and temporary staffing and permanent placement of nurses and allied healthcare professionals in the US.
CMSI also owns Cirrus Global Services Inc, a Philippine domiciled company that provides finance and administrative support services.
The latest transaction is Anscor’s third divestment in nine months. In December, the company sold its shares in Cebu Business Park Lot to Skyrise Realty and Development Corp for $8 million.
Anscor’s last trading price increased 0.14 per cent or P0.0100 to close at P7.01 per share on Friday, October 20.