Sopra Steria Group SA agreed to acquire a 29.73% stake in CS Communication & Systemes SA from Duna & Cie S.A., Yazid Sebag and Eric Blanc-Garin for €83.8 million on November 18, 2022. Shares will be acquired at €11.50 per share. The transaction is expected to close in the first quarter of 2023, and remains subject to the customary conditions precedent, particularly with regard to merger control and approval of foreign investments.

Sopra Steria Group completed the acquisition of 29.73% stake in CS Communication & Systemes SA from Duna & Cie S.A., Yazid Sebag and Eric Blanc-Garin on February 28, 2023.