Capgemini’s plan to acquire Getronics unit cleared by EU

by Editor 10/15/2008 5:42:00 PM
Capgemini has been granted permission by EU competition regulators to buy Dutch IT services group Getronics PinkRoccade's Business Application Services BV unit.

The acquisition was announced in July, when the deal totalled an equity value of 255 million euros paid in cash.

The European Commission said: "After examining the operation, the (European) Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.”

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