Sopra Steria Announces Plans to Acquire CS GROUP
Summary
To this end, the Board of Directors of CS GROUP has set up a committee comprising Ms. Edwige Avice, Ms. Catherine Euvrard, Mr. Jean-Marc Georgin and Mr. Blaise Jaeger, which intends to propose the nomination of Finexsi as independent expert to attest to the fairness of the public offer. “The tie-up between Sopra Steria and CS GROUP would create a benchmark player in digital services and engineering, a prime contractor for critical systems in the fields of defence & security, space, and nuclear energy. Our core business revolves around information and communication systems, focused on the operational challenges of our customers in the Defense & Security, Space, Aeronautics and Energy sectors, with high constraints in terms of cybersecurity and data recovery. Renewed international geopolitical tensions and the increased risk of conflict will lead many states, particularly in Europe, to scale up their investments in defence and security, not only on land, sea and air but also in space and the cybersphere. It provides end-to-end solutions to make large companies and organisations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach.