(Reuters) - French IT services company Atos SE agreed to acquire Syntel Inc in an all-cash transaction for about $3.57 billion, including net debt, the companies said on Sunday.
People walk in front of Atos company's logo during a presentation of the new Bull sequana supercomputer in Paris, France, April 12, 2016. REUTERS/Philippe Wojazer
Atos will pay $41 per share, which represents a premium of 4.78 percent to Syntel’s closing price of $39.13 on Friday.
Reporting by Rama Venkat Raman in Bengaluru; Editing by Sandra Maler