RE: Update on T-Systems: Go Ahead for CGI
Okay, after a bit of further research, I found the numbers on T-Systems Enterprise.
Note that CGI is only bidding for T-Systems ENTERPRISE SERVICES, which comprises about 2 Billion Euro revenue.
This is a really big deal, and could push us well over the $5B annual revenue.
Purchase price should be between $2.0 B and $2.5 B. How are they going to finance? Cash? Shares? Both?
I hope they don't dilute our sharebase too much in the process of doing this.
Fingers crossed the deal goes through.
This could be huge.
| | Q3
2007a
millions
of € | Q3
2006a
millions
of € |
| | |
| Enterprise Services | 1,950 | 2,103 |
| Business Services | 967 | 1,071 |
| Adjusted EBITDA | 291 | 321 |
| Adjusted EBITDA margin | (%) | 10.0 | 10.1 |
| | | |
| Number of employees (average) | 56,499 | 58,113 |
| | | |
| New ordersb | 2,348 | 2,739 |