(CercleFinance.com) – Sopra Steria announces that it has finalized the acquisition of a majority stake in the capital of CS Group, presented as a major player in the design, integration and operation of critical systems.
This acquisition was made under the acquisition agreement entered into on November 18, 2022 to acquire the shares of CS Group held by Yazid Sabeg, Chairman of the Company’s Board of Directors and Eric Blanc-Garin, Director general, and their holding
common Duna & Cie representing approximately 29.73% of the capital of CS Group (the ‘main block’) for a price of 11.5 euros per share.
It was also carried out following the exercise of the sale agreements granted on July 27, 2022 by Cira Holding and the founders of Novidy’s to Sopra Steria relating respectively to approximately 29.15% and 6.38% of the capital of the company. for a price per share equal to that of the main block.
Following this acquisition, and given the 9.80% of the capital and 13.90% of the voting rights already held, Sopra Steria currently holds 75.06% of the capital and 76.21% of the voting rights of CS Group.
CS GROUP will be consolidated in the accounts of Sopra Steria from March 1, 2023.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Are you following this action?
Receive all the information about SOPRA STERIA GROUP in real time: