Cegeka Acquires Computer Task Group (CTG) for $10.50 per Share

December 13, 2023

Belgian IT solutions provider Cegeka, through its wholly owned subsidiary Chicago Merger Sub, Inc., completed a tender offer and is acquiring all outstanding shares of Computer Task Group, Incorporated (CTG) for $10.50 per share, making CTG a wholly owned subsidiary. The acquisition expands Cegeka’s global footprint and capabilities across North America, Europe and India and will delist CTG from NASDAQ.

Buyers
Cegeka Groep NV, Chicago Merger Sub, Inc.
Targets
Computer Task Group, Incorporated
Sellers
Holders of CTG common stock
Industry
IT Services
Location
New York, United States
Transaction Type
Buyout

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