Report
Nicolas Thorez

CS Group : Sopra Steria launches takeover bid for CS Group at € 11.5 per share, 80% premium

>Purchase of a majority block by Sopra Steria at € 11.5 (80% premium) - CS Group announced this morning Sopra Steria reached an agreement with CS major shareholders to acquire a majority block representing 65.26% of the share capital at € 11.5 per share. Sopra Steria will acquire all the shares held by Board Chair Yazid Sabeg and CEO Eric Blanc-Garin as well as their joint holding company Duna & Cie, representing 29.7% of the capital. At the same time, CIRA Holding an...
Underlying
CS Group SA

CS Communication et Systemes is a contractor in the design, integration and operation of mission critical systems, and is focused on sectors such as: Defense, Space and Security (By combining information, systems interoperability and operations command, Co. leverages the deployment of mission-critical defense), Aeronautics (Co. conducts projects and develops and maintains technical information and real-time systems), Transportation (Co. offers solutions, spanning from roadside equipment to back-office systems, from integration to operation and maintenance support), and Energy and Industry (simulation, high performance computing, safety, risk management, and production data processing).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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