Independent proxy advisory firms ISS and Glass Lewis recommended that WNS (NYSE:WNS [https://seekingalpha.com/symbol/WNS]) shareholders approve the proposed acquisition by Capgemini (OTCPK:CAPMF [https://seekingalpha.com/symbol/CAPMF]) (OTCPK:CGEMY [https://seekingalpha.com/symbol/CGEMY]).
CGEMY was trading +1.26% Tuesday pre-market to $29.01. WNS closed +0.16% on Monday at $75.14.
In July, Capgemini agreed to acquire [https://seekingalpha.com/news/4465485-capgemini-to-buy-wns-for-33-billion-in-push-to-boost-ai] WNS for $3.3B in cash, offering $76.50 per share.
ISS and Glass Lewis cited the implied share price premium as key factors in establishing their 'FOR' recommendations.
WNS board also unanimously recommended that stockholders vote in favor of the strategic combination at both the upcoming court meeting and general meeting of shareholders, each scheduled for August 29.
MORE ON WNS (HOLDINGS), CAPGEMINI
* Capgemini: Signs Of Recovery Not Enough To Offset Near-Term Weakness [https://seekingalpha.com/article/4807608-capgemini-stock-signs-recovery-not-enough-to-offset-near-term-weakness]
* Capgemini SE (CAPMF) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4806020-capgemini-se-capmf-q2-2025-earnings-call-transcript]
* Capgemini SE 2025 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4806017-capgemini-se-2025-q2-results-earnings-call-presentation]
* Capgemini reports 1H results [https://seekingalpha.com/news/4474029-capgemini-reports-1h-results]
Proxy advisory firms recommend WNS shareholders approve acquisition by Capgemini
Published 2 months ago
Aug 19, 2025 at 12:37 PM
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