Capgemini to buy WNS at 17% premium, for $76.50/share in all-cash deal
By
Binu Mathew
French IT services giant Capgemini has announced its plan to acquire India-based outsourcing firm WNS for $3.3 billion in cash. The deal values WNS shares at $76.50 each, reflecting a 17 per cent premium over its closing price on July 3. The transaction excludes WNS’s existing financial debt, Capgemini clarified in a press release issued on Monday, July 7.
