Capgemini completed the acquisition of Altran for $4.1bn.

Capgemini, a global leader in consulting, IT services and digital transformation, completed the acquisition of Altran Technologies, a provider of engineering and R&D services, for $4.1bn in cash. Capgemini would pay $13.6 per Altran share. Total cash consideration would amount to $4.1bn, excluding a financial debt of $1.6bn. The transaction will be accretive to Capgemini’s normalized EPS by more than 15%, before synergies from the combination. "By joining forces, we are positioning ourselves as a clear strategic partner to assist our clients in taking full advantage of the revolution created by the developments of the cloud, Edge computing, IoT, artificial intelligence and 5G. I am delighted to welcome to Capgemini the talents and leaders of Altran, who share our beliefs and corporate culture,” Paul Hermelin, Capgemini CEO. The French financial market authority published the final results of the friendly tender offer. Upon settlement and delivery of the tender offer, which will occur on February 4, 2020, Capgemini will hold 53.57% of Altran’s share capital and at least 53.41% of Altran’s voting rights