Evli advised Acando in CGI’s public tender offer


Evli Corporate Finance acted as financial advisor to the Board of Directors of Acando AB (publ) with respect to CGI Nordic Holdings Limited’s public tender offer for Acando and provided the Board with a fairness opinion. CGI Nordic is a wholly owned indirect subsidiary of CGI Inc.

CGI’s offer values 100 percent of the shares in Acando at around SEK 4,320 million.

Acando is a consulting company within IT and management. The Group has approximately 2,100 employees allocated over five countries. Acando had sales of more than SEK 2.8 billion in 2018 and is listed on Nasdaq Stockholm. Read more at http://www.acando.com/.

Additional information:

Staffan Torstensson, +46 70 433 2019, staffan.torstensson@evli.com 
Björn Danker, +46 70 022 4482, bjorn.danker@evli.com