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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