Elliott reiterates criticism over Capgemini's offer on Altran

Reuters

Published Nov 27, 2019 08:13

Elliott reiterates criticism over Capgemini's offer on Altran

PARIS (Reuters) - Capgemini's (PA:CAPP) offer for Altran (PA:ALTT) doesn't reflect Altran's intrinsic fair value and doesn't offer an adequate premium for control, activist hedge fund Elliott said on Wednesday.