Thursday, July 05, 2007

CapGemini Shares Rise on Potential Buyout from Infosys

Rumors are flying about that Big Four firm CapGemini could be acquired by Indian software giant Infosys. This would create a global behemoth of sales of $14 billion combining the $11 billion of CapGemini sales with $3 billion of Infosys revenue. CapGemini shares rose almost 8% last week, giving market credibility to these rumors...

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