Capgemini to Buy WNS for $3.3 Billion to Expand AI Offer

The French consulting company Capgemini SE has agreed to buy IT outsourcing firm WNS Holdings Ltd. for $3.3 billion in cash in a push to expand its presence in artificial intelligence, a technology investors fear could undermine the group’s business.

The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS’s average price over the past 90 days. Capgemini expects the deal to close by the end of the year, pending approvals, and to boost its earnings per share by about 4% on a normalized basis in 2026, it said in a statement on Monday.