July 7 (Reuters) - French IT services firm Capgemini
has agreed to buy technology outsourcing company WNS
for a cash payment of $3.3 billion to capitalize on
their Agentic AI offerings for companies seeking to transform
their business processes.
The price translating to $76.50 per WNS share represents a
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.
With this acquisition, Capgemini aims to create a consulting
business service focused on guiding enterprises on how to reform
their operations through Generative AI and Agentic AI, which it
said would attract "significant" investments.
"WNS brings ... its high growth, margin accretive and
resilient Digital Business Process Services ... while further
increasing our exposure to the US market," Capgemini CEO Aiman
Ezzat said in the statement.
WNS provides services including business process outsourcing
and data analytics, and its customers include large
organizations such as Coca-Cola, T-Mobile and
United Airlines.
Capgemini expects the deal to be immediately accretive to
its revenue and operating margin, it said in a press statement.
It said the transaction would increase its normalised
earnings per share by 4% before synergies in 2026, and by 7% in
2027 post-synergies. Its financial guidance for this year was
unchanged.