Extract from our Nordic M&A Newsletter

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Acando applies for delisting as CGI’s acquisition is completed
April 23, 2019

Acando, a Swedish-based consulting company which was acquired by a public cash offer by Canadian-based CGI, has applied for delisting of its shares as a consequence of the acquisition. CGI owns more than 90 pct. of Acando and it was valued SEK 4.3bn at an EV/EBITDA of 15.4x.

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