CGI-Logica Merger Makes Founder Serge Godin a Billionaire

CGI Group Inc. founder Serge Godin said the “stars were aligned” when he capitalized on a strong Canadian dollar and depressed European economy to buy Logica Plc for $2.6 billion last year. That constellation has spurred a surge in shares of CGI and made Godin a billionaire.

CGI, an information-services company based in Montreal, has jumped 53 percent this year on the Toronto Stock Exchange, lifting its market value to C$10.9 billion ($10.5 billion). Godin owns 31.9 million shares, according to the company, valued at more that $1 billion.