Deals
CGI Jumps to Highest Since 2000 After Deal to Buy Logica
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CGI Group Inc. rose to the highest price in 12 years after agreeing to buy Logica Plc for 1.7 billion pounds ($2.6 billion) in cash to more than double sales and expand in Europe.
CGI, a Montreal-based supplier of technology services to retailers, utilities and banks, rose 14 percent to C$23.95 in Toronto, the highest close since March 2000. The stock has climbed 7.2 percent in the past 12 months.