The Channel logo


By | Team Register 16th September 2005 13:23

LogicaCMG may buy Unilog for €73 per share

'Advanced discussions'

In brief LogicaCMG confirmed today that it is in “advanced discussions” that could lead to its buying French services group Unilog.

In a statement, LogicaCMG said the talks “may or may not lead to an offer being made for Unilog on an agreed basis and at a price of €73 per share”. This would value the French group at around €931m in total.

The deal would go some way to helping LogicaCMG turn the tide at its struggling French business.

LogicaCMG, created by the 2002 merger of Logica and CMG, said it would make a further announcement “in the next few days”.®

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe