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Investing.com -- Shares of French software firm Capgemini SE dropped 5% following its announcement on Monday that it had entered a definitive agreement to acquire New York-listed outsourcing firm WNS (NYSE:WNS) Holdings for $3.3 billion.
Capgemini will pay WNS $76.50 per share, a 17% premium to Friday’s close, under a deal unanimously approved by both companies’ boards.
The acquisition is projected to boost Capgemini’s normalized EPS by 4% before synergies in 2026 and by 7% post-synergies in 2027.
Initially reported by Bloomberg in April, talks for the deal had stalled in late May, but now aim to supercharge Capgemini’s AI capabilities within the business process outsourcing (BPO) sector, branding it as the “showcase for Agentic AI.”
To finance the purchase, Capgemini has arranged a €4 billion bridge facility, funded by €1 billion in cash and the remaining balance through debt issuance.