Capgemini to buy WNS for $3.3bn

(Sharecast News) - French IT services firm Capgemini said it had agreed to buy technology outsourcing company WNS for $3.3bn in cash to move into the AI market. Capgemini wants to form a consulting business focused helping firms use WNS's Agentic AI, which it said would attract "significant" investments.

The offer price of $76.50 per WNS share is 17% premium compared to the last closing price on July 3 and does not include India-based WNS's financial debt, Capgemini said on Monday.

Reporting by Frank Prenesti for Sharecast.com