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Capgemini: agrees terms of Altran takeover bid

(CercleFinance.com) - Capgemini and Altran today announce signing, yesterday - 11 August - an agreement that sets out the terms and conditions of Capgemini's friendly takeover bid of Altran, at a price of 14 euros per share, following the signature of an agreement for exclusive negotiations on 24 June.


Capgemini's submission of the offer by remains subject to a number of usual prerequisites, in particular relating to the obtaining of regulatory authorisations. However, it reserves the right to file the offer before these final steps are finalised.

The offer will be subject to the condition that Capgemini obtains shares representing at least 50.1% of Altran's share capital and voting rights on a fully diluted basis. This merger is expected to be finalised by the end of 2019.


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