The French financial market authority published the final results of the friendly tender offer of Capgemini for Altran Technologies . Upon settlement and delivery of the tender offer, which will occur on February 4, 2020, Capgemini will hold 137,674,545 Altran shares representing 53.57% of Altran’s share capital and at least 53.41% of Altran’s voting rights, thereby exceeding the acceptance threshold set at 50.1% of Altran’s share capital and voting rights (on a fully diluted basis).
Paul Hermelin, Chairman and Chief Executive Officer of the Capgemini Group, and Aiman Ezzat, who will become Chief Executive Officer of the Capgemini Group as from the General Meeting of May 2020, welcome the outcome: “We are pleased to see that the market supported this transaction. Together, Capgemini and Altran will offer a unique combination of expertise and will become a global leader in “Intelligent Industry”. We are confident on the final steps to completion and are now resolutely looking towards the future.”
Dominique Cerutti, Chairman and Chief Executive Officer of the Altran Group, added: “We are delighted with the success of the offer and that a majority of Altran shareholders have chosen to tender their shares. This new stage in Altran’s history demonstrates our Group’s solid transformation. It also reflects the quality and uniqueness of our expertise and differentiated service models. I would like to express my deepest gratitude to our 50,000 employees who have contributed to positioning Altran at such a high level of excellence and have remained committed over the past months.”
To view the original press release, please click here.
Search for Sopheon on CIMdata.com
