Capgemini to acquire WNS for a total cash consideration of $3.3 billion

Capgemini, a French business and technology transformation player, and WNS, a business transformation and services firm, announced on Monday (July 7, 2025) that they have entered into a definitive transaction agreement under which Capgemini will acquire WNS for a total cash consideration of $3.3 billion.

Capgemini said it would acquire U.S.-listed WNS for a “Cash consideration of $76.50 per WNS share, which represents a premium of 28% to the last 90-day average share price, of 27% to the last 30-day average share price and a premium of 17% to the last closing share price on July 3, 2025.”

According to a media statement from Capgemini, the total cash consideration would amount to $3.3 billion, excluding WNS’s net financial debt. The transaction would be accretive to Capgemini’s normalised EPS by 4% before synergies in 2026 and 7% post synergies in 2027. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

“Capgemini’s acquisition of WNS will provide the Group with the scale and vertical sector expertise to capture that rapidly emerging strategic opportunity created by the paradigm shift from traditional BPS to Agentic AI-powered Intelligent Operations,” said Aiman Ezzat, Chief Executive Officer of Capgemini.

Keshav R. Murugesh, Chief Executive Officer of WNS said, “As a recognised leader in the Digital Business Process Services space, we see the next wave of transformation being driven by intelligent, domain-centric operations that unlock strategic value for our clients. Organisations that have already digitised are now seeking to reimagine their operating models by embedding AI at the core—shifting from automation to autonomy.”

The transaction has been unanimously approved by the board of directors of both companies and is expected to close by the end of the year.