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Xansa falls to Steria for £472m

French IT services outfit Groupe Steria has agreed terms to acquire Xansa following a proposed cash-only offer of £472m for the rival Reading-based firm. Shares in Xansa leapt by more than a fifth following the outsourcing group's recommendation of the 130 pence a share offer from Steria. That figure represents a shareholder …

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Anonymous Coward
Anonymous Coward

WTF?

"culturally-aligned, pan-European company able to leverage our integrated onshore/offshore model."

Anyone?

Simple

"We hire smart kids straight out of university in India, pay them £5 an hour, and have them managed by £60k a year ex-soldiers in Reading." Next!

Anonymous Coward
Anonymous Coward

Re. WTF

"culturally-aligned, pan-European company able to leverage our integrated onshore/offshore model."

Two tossers engaged in mutual masturbation?

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