ISS and Glass Lewis recommend WNS shareholders approve Capgemini buyout

WNS (Holdings) Limited (NYSE: WNS) announced that proxy advisory firms Institutional Shareholder Services Inc. and Glass, Lewis & Co. have recommended shareholders vote in favor of the proposed $3.3 billion acquisition by Capgemini SE (EUR: CAP).

Both advisory firms issued "FOR" recommendations for the proxy voting proposals scheduled for consideration at the Court Meeting and General Meeting of Shareholders on August 29, 2025. The firms cited WNS's evaluation of alternative proposals and the implied share price premium as key factors in their recommendations.

Under the transaction agreement announced July 7, 2025, Capgemini will acquire WNS for $76.50 per share in cash, totaling $3.3 billion excluding net financial debt. The transaction is expected to close before the end of 2025, subject to customary closing conditions and regulatory approvals.

WNS's Board of Directors has unanimously recommended shareholders vote to approve the acquisition. The company's management stated that shareholder votes are important regardless of the number of shares owned.

Shareholders must submit proxy forms to WNS's registered office in Jersey by 2:00 p.m. London time on August 27, 2025, for the Court Meeting, or by 2:15 p.m. London time on August 27, 2025, for the General Meeting. Online voting is also available with the same deadlines.

WNS is a business transformation and services company that serves over 700 clients across various industries. As of June 30, 2025, the company employed 66,085 professionals across 65 delivery centers worldwide.

The information is based on a company press release statement.

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