Sopra Steria has announced an offer for all the shares of Ordina in the Netherlands. This represents an investment of €518m funded by cash and debt. At year-end 22, Sopra Steria had cash & cash equivalents of €356m and a credit facility of €1.1bn. This operation is positive for the Group in that it offers diversification in Benelux which is a growing market (high single-digit growth) and significant revenue synergies (undisclosed figure) in various sectors. The operation should be accretive on E ....
