Sopra Steria to Acquire Ordina in Recommended All-Cash Public Offer

April 17, 2023

Sopra Steria and Ordina announced an update on Sopra Steria’s intended recommended all-cash public offer for all outstanding shares of Ordina at EUR 5.75 per share (ex dividend). The parties stated they are progressing on regulatory clearances and expected the offer to close in the second half of 2023, subject to approvals and the offer memorandum review process.

Buyers
Sopra Steria Group SA
Targets
Ordina N.V.
Industry
IT Services
Location
Netherlands
Transaction Type
Buyout

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