Fujitsu Services confirms that in accordance with the announcement from the AMF, its tender offer for French IT services group GFI Informatique has not been successful as less than Fujitsu Services' minimum level of 66.67% of the shares had been tendered into the offer. As a result, Fujitsu Services owns no shares in GFI.
Fujitsu Services wishes to thank all the shareholders and other stakeholders of GFI Informatique who have expressed their support for the offer and Fujitsu Services' industrial project.
Fujitsu Services' CEO David Courtley confirmed that Fujitsu Services will continue to pursue opportunities to meet its own development aims in Europe. "Our strategy continues to be based on both organic growth and acquisition in the principal European markets, including France. The recent success in winning significant contracts including Allianz, following the acquisition of a majority stake in German IT services provider TDS, demonstrates early evidence of the success of this strategy." he added.
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Date: 14 August, 2007
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