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CGEMY Capgemini SE (PK)

42.05
0.23 (0.55%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Capgemini SE (PK) USOTC:CGEMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.23 0.55% 42.05 36.84 42.09 42.09 41.63 41.75 526,824 21:46:41

Hindustan Unilever Sells Remaining Stake In Back-Office Services Business

29/03/2010 11:02am

Dow Jones News


Capgemini (PK) (USOTC:CGEMY)
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Hindustan Unilever Ltd. (500696.BY) said Monday it has sold the remaining 49% stake in its erstwhile captive business process outsourcing unit to French information technology services company Capgemini (CAP.FR).

In a statement to the Bombay Stock Exchange, India's largest consumer goods maker by sales said it had in September 2006 agreed to sell 51% of Unilever India Shared Services Ltd., which was later renamed Capgemini Business Services India Ltd. In October 2006, the Unilever PLC (ULVR.LN) unit signed another deal to sell the remaining stake to Capgemini by March 31, 2010.

The statement didn't provide any financial terms of the deal.

-By Ameya Karve, Dow Jones Newswires; +91-22-6145-6121; ameya.karve@dowjones.com

 
 

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