-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CeRATtDs19s2gFqy3a1lchEEeq8QMBdMCbo4YEPSt3MPlAk/V3LcZloaaUA3w44I Spx93JclZ5SjVizzujsBQg== 0001047469-08-013100.txt : 20081211 0001047469-08-013100.hdr.sgml : 20081211 20081211165258 ACCESSION NUMBER: 0001047469-08-013100 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081211 DATE AS OF CHANGE: 20081211 GROUP MEMBERS: AYALA CORPORATION GROUP MEMBERS: AZALEA INTERNATIONAL VENTURE PARTNERS LIMITED GROUP MEMBERS: EGS ACQUISITION CORP. GROUP MEMBERS: EGS CORP. GROUP MEMBERS: EGS DUTCHCO B.V. GROUP MEMBERS: EGS LUXCO S.AR.L. GROUP MEMBERS: LIVEIT INVESTMENTS LIMITED GROUP MEMBERS: NEWBRIDGE INTERNATIONAL INVESTMENT LTD. GROUP MEMBERS: PEP VI INTERNATIONAL LTD. GROUP MEMBERS: PROVIDENCE EQUITY GP VI INTERNATIONAL L.P. GROUP MEMBERS: PROVIDENCE EQUITY PARTNERS VI INTERNATIONAL L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: eTelecare Global Solutions, Inc. CENTRAL INDEX KEY: 0001377902 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 980467478 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82854 FILM NUMBER: 081244006 BUSINESS ADDRESS: STREET 1: 31ST FLOOR CYBERONE BUILDING STREET 2: EASTWOOD CITY, CYBERPARK BAGUMBAYAN CITY: QUEZON CITY METRO MANILA STATE: R6 ZIP: 1110 BUSINESS PHONE: 6329165670 MAIL ADDRESS: STREET 1: 31ST FLOOR CYBERONE BUILDING STREET 2: EASTWOOD CITY, CYBERPARK BAGUMBAYAN CITY: QUEZON CITY METRO MANILA STATE: R6 ZIP: 1110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EGS Acquisition Co LLC CENTRAL INDEX KEY: 0001445711 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 50 KENNEDY PLAZA STREET 2: 18TH FLOOR CITY: PROVIDENCE STATE: RI ZIP: 02903 BUSINESS PHONE: 401 751-1700 MAIL ADDRESS: STREET 1: 50 KENNEDY PLAZA STREET 2: 18TH FLOOR CITY: PROVIDENCE STATE: RI ZIP: 02903 SC 13D/A 1 a2189656zsc13da.htm SC 13D/A
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE TO/A
Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
(Amendment No. 3)

eTelecare Global Solutions, Inc.
(Name of Subject Company (Issuer))

 
    
Ayala Corporation
Azalea International Venture Partners Limited
LiveIt Investments Limited
NewBridge International Investment Ltd.		   PEP VI International Ltd.
Providence Equity GP VI International L.P.
Providence Equity Partners VI International L.P.
EGS Luxco S.àr.l.
EGS Dutchco B.V.
EGS Corp.
EGS Acquisition Corp.
EGS Acquisition Co LLC
(Names of Filing Persons (Offeror))

Common Shares and
American Depositary Shares (each representing one Common Share)
(Title of Class of Securities)

CUSIP No. 29759R102
(CUSIP Number of Class of Securities)

 
    
Fred J. Franklin
c/o Providence Equity Partners Inc.
50 Kennedy Plaza, 18th Floor,
Providence, Rhode Island 02903
USA
(401) 751-0536		   Alfredo I. Ayala
c/o Ayala Corporation
32/F Tower One & Exchange Plaza, Ayala Avenue
Makati City, Metro Manila, Philippines 1226
+63 (2) 916-5670
(Name, address and telephone numbers of person authorized to receive notices
and communications on behalf of filing persons)

COPY TO:

Akiko Mikumo
Peter Feist
Weil, Gotshal & Manges LLP
29/F, Gloucester Tower, The Landmark
15 Queen's Road Central
Hong Kong
Telephone: +852 3476-9000
Fax: +852 3015-9354		   John K. Knight
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
USA
Telephone: (212) 450-4000
Fax: (212) 450-3597		   Maria Teresa D. Mercado-Ferrer
SyCip Salazar Hernandez & Gatmaitan
SSHG Law Centre, 105 Paseo de Roxas
Makati City 1226
Philippines
Telephone: +63 (2) 817-9811
Fax: +63 (2) 817-3896

CALCULATION OF FILING FEE

Transaction valuation*   Amount of filing fee**
$266,816,151   $10,486
*
Estimated for purposes of calculating the amount of filing fee only. The calculation assumes the purchase of all outstanding common shares, par value PhP2.00 per share ("Common Shares"), and American Depository Shares, each representing one Common Share ("ADSs" and together with Common Shares, the "Shares") of eTelecare Global Solutions, Inc., a Philippine corporation (the "Company"), at a purchase price of $9.00 per share (the "Offer Price"). As of December 10, 2008, there were: (i) 29,646,239 Common Shares outstanding (which includes 10,557,821 Common Shares underlying ADSs) and (ii) 10,557,821 ADSs outstanding. The calculation of the transaction valuation assumes the purchase of 29,646,239 Shares.

**
The filing fee was calculated in accordance with Rule 0-11 under the United States Securities Exchange Act of 1934, as amended, by multiplying the transaction value by 0.00003930.

          ý    Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.


 
Amount Previously Paid: $10,486
 
Filing Parties: Ayala Corporation; Azalea International Venture
Partners Limited; LiveIt Investments Limited;
NewBridge International Investment Ltd.;
PEP VI International Ltd.; Providence Equity GP VI International L.P.;
Providence Equity Partners VI International L.P.; EGS Acquisition Co. LLC;
EGS Luxco S.àr.l.; EGS Dutchco B.V.; EGS Corp.; EGS Acquisition Corp.

 
Form or Registration No.: Schedule TO
 
Date Filed: November 10, 2008

          o    Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

          Check the appropriate boxes below to designate any transactions to which the statement relates:


ý  third party tender offer subject to Rule 14d-1.
o  Issuer tender offer subject to Rule 13e-4.
 
ý  going-private transaction subject to Rule 13e-3.
ý  amendment to Schedule 13D under Rule 13d-2.

          Check the following box if the filing is a final amendment reporting the results of the tender offer: ý

        This Amendment No. 3 ("Amendment No. 3") filed under cover of Schedule TO and Schedule 13E-3 amends and supplements the Tender Offer Statement, Rule 13E-3 Transaction Statement and Amendment No. 4 to Schedule 13D originally filed under cover of Schedule TO (which collectively constitutes the "Schedule TO") with the United States Securities and Exchange Commission (the "United States SEC") on November 10, 2008, as each was amended by Amendment No. 1 thereto filed on November 25, 2008 and Amendment No. 2 thereto filed on December 9, 2008, by (1) EGS Acquisition Co LLC, a Delaware limited liability company (the "Purchaser"); (2) EGS Luxco S.àr.l, a Luxembourg limited liability company and wholly-owned direct subsidiary of Providence VI (as defined below) ("Luxco"); (3) EGS Dutchco B.V., a Dutch private company with limited liability and wholly-owned direct subsidiary of Luxco ("Dutchco"); (4) EGS Corp., a Philippine corporation jointly owned by NewBridge (as defined below) and Dutchco ("Philippine Topco"); (5) EGS Acquisition Corp., a Philippine corporation and wholly-owned subsidiary of Philippine Topco ("Philippine Purchaser"); (6) Ayala Corporation, a Philippine corporation ("Ayala"); (7) Azalea International Venture Partners Limited, a British Virgin Islands company and direct subsidiary of Ayala ("Azalea"); (8) LiveIt Investments Limited, a British Virgin Islands company and direct subsidiary of Azalea ("LiveIt"); (9) NewBridge International Investment Ltd., a British Virgin Islands company and a direct subsidiary of LiveIt ("NewBridge" and, together with Philippine Topco, Ayala, Azalea and LiveIt, the "Ayala Entities"); (10) Providence Equity Partners VI International L.P., an exempted limited partnership registered in the Cayman Islands ("Providence VI"); (11) Providence Equity GP VI International L.P., an exempted limited partnership registered in the Cayman Islands, and sole general partner of Providence VI ("Providence GP"); and (12) PEP VI International Ltd., an exempted company incorporated in the Cayman Islands with limited liability, and sole general partner of Providence GP ("PEP VI" and, together with Luxco, Dutchco, Philippine Topco, Providence GP and Providence VI, the "Providence Entities," and collectively, the Purchaser, the Philippine Purchaser, the Ayala Entities and the Providence Entities constitute the "Filing Persons").

        All capitalized terms used in this Amendment No. 3 which are undefined shall have the meanings ascribed to them in the Schedule TO and the Offer to Purchase filed as an exhibit thereto.

        The Offer expired, as scheduled, at 2:00 p.m. Philippines time, 1:00 a.m. New York City time, on Thursday, December 11, 2008. All the Common Shares and ADSs validly tendered in the Offer have been accepted for purchase by the Purchaser. A press release announcing the completion of the Offer and the approximate number of Common Shares and ADSs validly tendered and accepted for purchase was issued on December 11, 2008, a copy of which is filed as an exhibit to this Amendment No. 3 and incorporated herein by reference.

Item 12.    Exhibits.

        Item 12 of the Schedule TO is hereby amended and supplemented by adding the following exhibit:

Exhibit No.
  Description
(a)(1)(P)   Press Release, dated December 11, 2008.

ii

CUSIP No. 29759R102   Page 1 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 EGS Acquisition Co LLC (IRS Identification No.: 26-3388620)
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
OO
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Delaware
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each		   8.   Shared Voting Power
0		        
Reporting  
 
Person
With		   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
0
 		       
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
0
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
0%
 
14.   Type of Reporting Person (See Instructions)
HC
 

iii

CUSIP No. 29759R102   Page 2 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 Providence Equity Partners VI International L.P. (IRS Identification No.: 20-8419018)
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Cayman Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

iv

CUSIP No. 29759R102   Page 3 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 Providence Equity GP VI International L.P. (IRS Identification No.: 20-8418961)
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Cayman Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

v

CUSIP No. 29759R102   Page 4 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 PEP VI International Ltd. (IRS Identification No.: 20-8418823)
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Cayman Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
(control person)
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

vi

CUSIP No. 29759R102   Page 5 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 Ayala Corporation
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
WC
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Republic of the Philippines
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power

 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
(Control Person)
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

vii

CUSIP No. 29759R102   Page 6 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 Azalea International Venture Partners Limited
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
British Virgin Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power

 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

viii

CUSIP No. 29759R102   Page 7 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 LiveIt Investments Limited
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
British Virgin Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

ix

CUSIP No. 29759R102   Page 8 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 NewBridge International Investment Ltd.
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
British Virgin Islands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power

 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

x

CUSIP No. 29759R102   Page 9 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 EGS Luxco S.àr.l.
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Luxembourg
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

xi

CUSIP No. 29759R102   Page 10 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 EGS Dutchco B.V.
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
The Netherlands
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

xii

CUSIP No. 29759R102   Page 11 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 EGS Corp.
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Philippines
 

Number of
Shares
 
7.
 
Sole Voting Power
0
Beneficially  
 
Owned by
Each
Reporting		   8.   Shared Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Person  
 
With   9.   Sole Dispositive Power
0
 		       
       
 
        10.   Shared Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

xiii

CUSIP No. 29759R102   Page 12 of 12

 
1.   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 EGS Acquisition Corp.
 
2.   Check the Appropriate Box if a Member of a Group (See Instructions)   (a)  ý    
                (b)  o
 
3.   SEC Use Only

 		               
 
4.   Source of Funds (See Instructions)
AF
 
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
                    o
 
6.   Citizenship or Place of Organization
Philippines
 

Number of
Shares
Beneficially
 
7.
 
Sole Voting Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
Owned by  
 
Each
Reporting		   8.   Shared Voting Power

 		       
Person  
 
With   9.   Sole Dispositive Power
29,285,646 Shares (including both Common Shares and American Depositary Shares)*
       
 
        10.   Shared Dispositive Power
0
 		       
 
11.   Aggregate Amount Beneficially Owned by Each Reporting Person
29,285,646 Shares*
 
12.   Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
    Not applicable   o
 
13.   Percent of Class Represented by Amount in Row (11)
98.7%
 
14.   Type of Reporting Person (See Instructions)
HC
 
*
Represents the number of Shares accepted for purchase by EGS Acquisition Corp. pursuant to the Offer.

xiv


 SIGNATURES

        After due inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.

Dated: December 11, 2008

      
EGS ACQUISITION CO LLC

 
 
/s/ R. DAVIS NOELL
 Name: R. Davis Noell
Title: Vice President

 
 
/s/ SOLOMON M. HERMOSURA
 Name: Solomon M. Hermosura
Title: Vice President

xv

      
AYALA CORPORATION

 
 
/s/ RENATO O. MARZAN
 Name: Renato O. Marzan
Title: Managing Director

 
 
 
      
AZALEA INTERNATIONAL VENTURE
PARTNERS LIMITED

 
 
/s/ RENATO O. MARZAN
 Name: Renato O. Marzan
Title: Company Secretary

 
 
 
      
LIVEIT INVESTMENTS LIMITED

 
 
/s/ ALFREDO I. AYALA
 Name: Alfredo I. Ayala
Title: Chief Executive Officer

 
 
 
      
NEWBRIDGE INTERNATIONAL
INVESTMENT LTD.

 
 
/s/ ALFREDO I. AYALA
 Name: Alfredo I. Ayala
Title: Chairman

xvi

      
PROVIDENCE EQUITY PARTNERS VI
INTERNATIONAL L.P.

 
 
By: Providence Equity GP VI International L.P., its
sole general partner

 
 
By: PEP VI International Ltd., its sole general
partner

 
 
/s/ RAYMOND M. MATHIEU
 Name: Raymond M. Mathieu
Title: Treasurer and Secretary

 
 
 
     
PROVIDENCE EQUITY GP VI
INTERNATIONAL L.P.

 
 
By: PEP VI International Ltd., its sole general
partner

 
 
/s/ RAYMOND M. MATHIEU
 Name: Raymond M. Mathieu
Title: Treasurer and Secretary

 
 
 
      
PEP VI INTERNATIONAL LTD.

 
 
/s/ RAYMOND M. MATHIEU
 Name: Raymond M. Mathieu
Title: Treasurer and Secretary

 
 
 
      
EGS LUXCO S.ÀR.L.

 
 
/s/ RAYMOND M. MATHIEU
 Name: Raymond M. Mathieu
Title: Manager and Chief Financial Officer

 
 
 
      
EGS DUTCHCO B.V.

 
 
/s/ RAYMOND M. MATHIEU
 Name: Raymond M. Mathieu
Title: Director

xvii

      
EGS CORP.

 
 
/s/ ALFREDO I. AYALA
 Name: Alfredo I. Ayala
Title: Director and President

 
 
 
      
EGS ACQUISITION CORP.

 
 
/s/ ALFREDO I. AYALA
 Name: Alfredo I. Ayala
Title: Director and President

xviii


 EXHIBIT INDEX

Exhibit
  Exhibit Name
(a)(1)(A)+^   Offer to Purchase, dated November 10, 2008.

(a)(1)(B)^
 
Form of Application to Sell Common Shares.

(a)(1)(C)^
 
Form of Letter to PSE Brokers for Holders of Common Shares.

(a)(1)(D)^
 
Form of Letter to Holders of Common Shares.

(a)(1)(E)+
 
Form of ADS Letter of Transmittal including Substitute Form W-9 and Guidelines for Certification of Taxpayer Identification Number (TIN) on Substitute Form W-9.

(a)(1)(F)+
 
Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees for Holders of ADSs.

(a)(1)(G)+
 
Form of Letter to Clients Regarding Holders of ADSs.

(a)(1)(H)
 
Form of Newspaper Advertisement, to be published in the The Wall Street Journal on November 10, 2008.

(a)(1)(I)
 
Form of Newspaper Advertisement, to be published in the Philippine Daily Inquirer and Philippine Star on November 10, 2008, November 11, 2008 and November 12, 2008.

(a)(1)(J)
 
Press Release, dated November 10, 2008.

(a)(1)(K)*
 
Joint Press Release, dated September 19, 2008.

(a)(1)(L)**
 
Press Release, dated September 22, 2008.

(a)(1)(M)***
 
Intention to Commence the Offer Announcement, dated November 7, 2008, as published in the Philippine Daily Inquirer and Philippine Star on November 7, 2008.

(a)(1)(N)^
 
Philippine SEC Form 19-1 and Exhibits.

(a)(1)(O)++
 
Amendment to Philippine SEC Form 19-1 and Exhibits.

(a)(1)(P)^^^^
 
Press Release, dated December 11, 2008

(b)
 
Not applicable.

(c)
 
Letter from Financial Advisor to the Philippine SEC regarding Purchaser, dated November 10, 2008.

(d)(1)
 
Acquisition Agreement by and between the Company and the Purchaser, dated as of September 19, 2008 (filed as Exhibit 2.1 attached to the Company's Current Report on Form 8-K filed with the United States SEC on September 23, 2008 with the United States SEC, and incorporated herein by reference).

(d)(2)****
 
First Amendment to Acquisition Agreement by and between the Company and the Purchaser, dated as of November 9, 2008.

(d)(3)
 
Support Agreement by and between NewBridge and the Purchaser, dated as of September 19, 2008 (filed as Exhibit 99.2 of the Company's Current Report on Form 8-K filed with the United States SEC on September 23, 2008, and incorporated herein by reference).

xix

Exhibit
  Exhibit Name
(d)(4)   Form of Support Agreement by and between the other stockholders and the Purchaser, dated as of September 19, 2008 (filed as Exhibit 99.1 of the Company's Current Report on Form 8-K filed with the United States SEC on September 23, 2008, and incorporated herein by reference).

(d)(5)
 
Equity Commitment Letter of Providence Equity Partners VI International L.P., dated September 19, 2008 (filed as Exhibit D to the Schedule 13D filed by the Purchaser with the United States SEC on September 29, 2008, and incorporated herein by reference).

(d)(6)
 
Equity Commitment Letter of NewBridge International Investment Ltd., dated September 19, 2008 (filed as Exhibit 7.02 to the Schedule 13D filed by Ayala with the United States SEC on September 22, 2008, and incorporated herein by reference).

(d)(7)*****
 
Joint Filing Agreement dated November 25, 2008.

(d)(8) ^^
 
Designation Agreement between EGS Acquisition Co LLC and EGS Acquisition Corp. dated as of December 8, 2008.

(d)(9) ^^^
 
Joint Filing Agreement dated as of December 9, 2008.

(f)
 
Not applicable.

(g)
 
Not applicable.

(h)
 
Not applicable.

*
 
Previously filed with the United States SEC on the Schedule TO-C filed by the Purchaser on September 19, 2008.

**
 
Previously filed with the United States SEC on the Schedule TO-C filed by the Purchaser on September 22, 2008.

***
 
Previously filed with the United States SEC on the Schedule TO-C filed by the Purchaser on November 7, 2008.

****
 
Previously filed with the United States SEC on the Schedule TO filed by the Purchaser on November 10, 2008.

*****
 
Previously filed with the United States SEC on the Schedule TO filed by the Purchaser on November 25, 2008.

+
 
Indicates information mailed to holders of ADSs.

^
 
Indicates information mailed to holders of Common Shares.

^^
 
Previously filed with the United States SEC on the Schedule TO filed by the Purchaser on December 8, 2008.

^^^
 
Previously filed with the United States SEC on the Schedule TO filed by the Purchaser on December 9, 2008.

++
 
Previously filed with the United States SEC on the Schedule TO filed by the Purchaser on December 10, 2008.

^^^^
 
Filed Herewith.

xx



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SIGNATURES
EXHIBIT INDEX
 EX-99.(A)(1)(P) 2 a2189661zex-99_a1p.htm EXHIBIT 99.(A)(1)(P)
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Exhibit 99(a)(1)(P)


AYALA CORPORATION AND PROVIDENCE EQUITY PARTNERS
COMPLETE TENDER OFFER
FOR SHARES OF ETELECARE GLOBAL SOLUTIONS, INC.

        NEW YORK, NY, MANILA, PHILIPPINES December 11, 2008—Ayala Corporation and Providence Equity Partners today announced the completion of the tender offer for all outstanding common shares and Amercian Depositary Shares of eTelecare Global Solutions, Inc. The common shares are listed on the Philippine Stock Exchange, Inc. (PSE: ETEL) and the American Depositary Shares or ADSs, each representing one common share, are quoted on the Nasdaq Global Market (NASDAQ: ETEL). The offer expired, as scheduled, at 2:00 p.m. Philippines time, 1:00 a.m. New York City time, on Thursday, December 11, 2008 and was made by EGS Acquisition Co LLC, an entity that is jointly owned by affiliates of Ayala Corporation and Providence Equity Partners. On December 8, 2008, EGS Acquisition Co LLC assigned all of its rights and interests in the tender offer to its affiliate, EGS Acquisition Corp.

        As of the expiration of the offer, approximately 18,898,255 eTelecare common shares and approximately 10,387,391 eTelecare ADSs were validly tendered in the offer, which together represent a total of approximately 98.7% of eTelecare's outstanding common shares (including common shares underlying the ADSs). EGS Acquisition Corp. has accepted for purchase and will promptly pay, within 10 business days, for all validly tendered common shares and ADSs at the offer price of $9.00 per share, in cash, without interest thereon and less any required taxes or costs required to be deducted or withheld in accordance with applicable law or rules, including payment of any stock transaction taxes, brokers' commissions and other fees customarily for the account of a seller in connection with the "crossing" of the common shares on the Philippine Stock Exchange, Inc.

***

About eTelecare Global Solutions

Founded in 1999, eTelecare Global Solutions is a leading provider of business process outsourcing (BPO) focusing on the complex, voice and non-voice based segment of customer-care services. It provides a range of services, including technical support, customer service, sales, customer retention, chat and email from both onshore and offshore locations. Services are provided from delivery centers in the Philippines, North America, and Latin America. Additional information is available at www.etelecare.com.

About Ayala

Ayala Corporation was founded in 1834 and is the holding company of one of the largest and most diversified business groups in the Philippines, with interests that include real estate, financial services, telecommunications, electronics, and information technology. LiveIt Solutions, Inc. is its holding company in the BPO sector, with significant holdings in eTelecare, Integreon (a leading Knowledge Process Outsourcing firm that offers outsourced legal, research and analytics services) and Affinity Express (a leading provider of outsourced graphics and creative design services). Additional information is available at www.ayala.com.ph/.

About Providence

Providence Equity Partners is the leading global private equity firm specializing in equity investments in media, entertainment, communications and information companies around the world. The principals of Providence manage funds with approximately $22 billion in equity commitments and have invested in more than 100 companies operating in over 20 countries since the firm's inception in 1989. Significant investments include Aditya Birla Telecom, Bresnan Broadband Holdings, Casema, Com Hem, Digiturk,

Education Management Corporation, eircom, Freedom Communications, Hulu, Idea Cellular, Kabel Deutschland, Metro-Goldwyn-Mayer, NexTag, Ono, Open Solutions, PanAmSat, ProSiebenSat.1, Recoletos, TDC, Univision, VoiceStream Wireless, Warner Music Group, Western Wireless and Yankees Entertainment and Sports Network. Providence is headquartered in Providence, RI (USA) and has offices in New York, Los Angeles, London, Hong Kong and New Delhi. Additional information is available at www.provequity.com.

Contact Information

Investor Contacts:

Anh Huynh
Director of Investor Relations, eTelecare Global Solutions
888-362-1073

Philip Bourdillon/Gene Heller
Silverman Heller Associates for eTelecare
310-208-2550

Nona Torres
Head of Investor Relations, Ayala Corporation
+632-841-5446

Media Contact:

Andrew Cole/Lucy Neugart/Charlotte Bilney
Sard Verbinnen & Co for Providence Equity
+1 (415) 618-8750; +852 9314 3463

2



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AYALA CORPORATION AND PROVIDENCE EQUITY PARTNERS COMPLETE TENDER OFFER FOR SHARES OF ETELECARE GLOBAL SOLUTIONS, INC.
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