WNS Holdings Edges Up 0.01% to 2025 High on Capgemini Acquisition Approval

WNS Holdings (NYSE: WNS) edged up 0.01% in trading, reaching its highest level since October 2025, with an intraday gain of 0.13%. The move follows key developments in its pending acquisition by Capgemini S.E., a landmark transaction poised to reshape the company’s trajectory.

The Royal Court of Jersey formally approved the $3.3 billion cash acquisition on October 9, 2025, clearing a critical regulatory hurdle. The court’s endorsement of the “scheme of arrangement” under Jersey law solidified the deal’s legality, reducing uncertainty for investors and signaling a smooth path to completion by October 17. This milestone has been widely viewed as a stabilizing factor for WNS’s stock, which has historically faced volatility amid merger-related ambiguities.

Proxy advisory firms Institutional Shareholder Services and Glass Lewis lent further support, recommending shareholders approve the $76.50-per-share offer. Their endorsement, influential in institutional voting decisions, bolstered confidence in the transaction’s fairness and minimized risks of last-minute objections. The alignment of shareholder and strategic interests has been cited as a key driver of market optimism ahead of the closing date.

Transaction terms remain structured to ensure clarity for shareholders. The fixed cash price and defined settlement process, including a formal letter of transmittal for registered shareholders, eliminate ambiguity in post-approval proceedings. With payments slated to begin on October 17, stakeholders can anticipate liquidity with minimal disruption, reinforcing the deal’s perceived reliability.

Strategically, the acquisition aligns with Capgemini’s expansion into digital transformation and business services. WNS’s expertise in customer experience and analytics complements Capgemini’s global footprint, potentially unlocking cross-selling opportunities. While post-merger synergies are not yet reflected in WNS’s valuation, the transaction’s premium pricing and Capgemini’s financial strength have been cited as long-term value creators for shareholders.

Tax guidance provided in the scheme circular has also addressed shareholder concerns, offering transparency on jurisdiction-specific obligations. By mitigating potential disputes over capital gains or withholding taxes, the firm has further reduced transaction risks. Combined with the absence of unresolved regulatory or operational uncertainties, these factors have contributed to a measured market response, with investors focusing on the deal’s near-term certainty rather than speculative post-closing outcomes.