William Blair Downgrades WNS Limited (WNS) to Market Perform After Takeover

William Blair analyst Maggie Nolan downgraded WNS Limited (NYSE: WNS) from Outperform to Market Perform after the company was acquired by Capgemini.

The analyst commented, "This morning before the market open, Capgemini announced it has entered a definitive agreement to acquire WNS for $76.50 per share, or $3.3 billion in cash value. The transaction has been unanimously approved by both CAP’s and WNS’s boards of directors and is expected to close by the end of 2025. Given the robust strategic fit of the merger and WNS’s existing approval, we do not expect competing bids and move our rating to Market Perform."

For an analyst ratings summary and ratings history on WNS Limited click here. For more ratings news on WNS Limited click here.

Shares of WNS Limited closed at $65.38 yesterday.

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