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back to article 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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  1. Anonymous Coward
    Anonymous Coward

    WTF?

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

    Anyone?

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  2. Simon Greenwood

    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!

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  3. 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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