France’s Capgemini to Buy WNS for $3.3 Billion
Capegemini is set to acquire technology outsourcing company WNS for $3.3 billion. This is being done to strengthen its AI offerings for companies who are looking to transform their business processes.
France’s Capgemini to Buy WNS for $3.3 Billion
Capegemini is set to acquire technology outsourcing company WNS for $3.3 billion. This is being done to strengthen its AI offerings for companies who are looking to transform their business processes.
The proposed buyout represents a premium of 17%, which is equal to $76.50 per WNS share, against the last closing price on July 3. This does not include India-based WNS's financial debt, Capgemini said on Monday.
The French IT services firm is looking forward to transforming their business operations via Generative AI and Agentic AI as it would attract “significant” investments.
Capgemini CEO Aiman Ezzat said, “WNS brings ... its high growth, margin accretive and resilient Digital Business Process Services ... while further increasing our exposure to the US market.”
WNS is engaged in providing business process outsourcing and data analytics services to various organisations. Its noteworthy clients include Coca-Cola, T-Mobile and United Airlines.
Capgemini expects to reap significant revenue from the deal and improve its operating margin.
The deal is set to increase its normalised earnings per share by 4% before synergies in 2026, and by 7% in 2027 post-synergies. However, financial guidance for this year remained unchanged.
