Capgemini to Acquire WNS for $3.3 Billion by 2025

Capgemini has announced its acquisition of WNS Holdings for $3.3 billion in cash, valuing WNS at $76.50 per share—a 17-28% premium over recent trading prices. The deal, unanimously approved by both companies' boards, is expected to close by the end of 2025 and is described as one of the largest in the IT and business process management sector. Capgemini aims to bolster its leadership in AI-powered Intelligent Operations by integrating WNS's expertise in business process outsourcing and AI-driven solutions. The company anticipates the deal will be immediately accretive, with normalized earnings per share projected to rise by 4% in 2026 and 7% post-synergies in 2027. Analysts see potential for automation and cost savings, though some investors remain cautious about AI's impact on the traditional BPO market and Capgemini's financial position. The acquisition positions Capgemini as a major player in agentic and generative AI services for global digital transformations.