Leading proxy advisory firms ISS and Glass Lewis recommend shareholders vote "FOR" the acquisition of WNS by Capgemini.
The acquisition involves Capgemini acquiring WNS for $76.50 per share, totaling $3.3 billion, with the transaction expected to close by the end of the year.
WNS's board and proxy advisory firms view the acquisition as beneficial for shareholders, emphasizing evaluation of alternative proposals and share price premium.
Proxy Advisory Firms Recommendations
ISS and Glass Lewis recommend voting "FOR" Capgemini's acquisition of WNS due to shareholder benefits.
Transaction Details
Capgemini to acquire WNS for $76.50 per share, totaling $3.3 billion, subject to customary closing conditions.
Board Recommendation
WNS board unanimously advises shareholders to vote in favor of the acquisition by Capgemini.
- ISS and Glass Lewis endorsement boosts shareholder confidence in the acquisition.
- Transaction details highlight the significant financial implications of the acquisition for both companies.
Shareholders are urged to vote in favor of the acquisition as it is deemed beneficial for WNS and its shareholders. The acquisition is a strategic move expected to enhance shareholder value in the long term.