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CGI Group closes acquisition of business data provider

CGI Group Inc. has completed its acquisition of Affecto Plc, a provider of business intelligence and enterprise information management solutions and services.

CGI said it settled trades and payment to shareholders who have tendered more than 94% of the outstanding shares in connection with its public tender offer to acquire Affecto. The companies received regulatory approvals for the completion of the offer.

In August, CGI made a tender offer of €4.55 per share to acquire Affecto Plc, representing a total price of €98 million.