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CGI enters into an agreement for the acquisition of BJSS, a leading UK technology and engineering consultancy

1. CGI acquires BJSS to strengthen UK commercial and public sector presence.

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FAQ

Why Bullish?

The acquisition may enhance CGI's capabilities and market reach, similar to past successful integrations.

How important is it?

The acquisition could significantly impact CGI's future performance and market position.

Why Long Term?

Strategic acquisitions often lead to sustained growth; past examples include CGI's organic growth post-mergers.

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GIBGIB.A
Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom Acquisition will accelerate CGI's UK-wide expansion, deepening the firm's presence across key commercial industry sectors as well as public sector  LONDON , Jan. 29, 2025 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced the signature of a share purchase agreement on January 29, 2025, to acquire BJSS, a UK-based technology and engineering consultancy known for its innovative IT solutions, software engineering expertise and delivery excellence. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in February 2025.

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