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Home > Finance > Capgemini shares rise on move to sell unit after ICE backlash

Capgemini shares rise on move to sell unit after ICE backlash

Published by Global Banking and Finance Review

Posted on February 2, 2026

1 min read

Last updated: February 2, 2026

Capgemini shares rise on move to sell unit after ICE backlash - Finance news and analysis from Global Banking & Finance Review

Tags:divestments financial markets corporate strategy

Quick Summary

Capgemini shares rose 2% after announcing the sale of its U.S. subsidiary due to controversy over a contract with U.S. immigration authorities.

Capgemini Stock Gains Following Decision to Divest U.S. Subsidiary

Capgemini's Strategic Divestment

By Leo Marchandon

Reasons for Divestment

Feb 2 (Reuters) - Capgemini shares rose as much as 2% early on Monday, paring losses from the previous week, after the French IT company announced it would sell its U.S. subsidiary Capgemini Government Solutions, having attracted controversy at home over a contract the unit had with U.S. immigration authorities.

Market Reaction

The Paris-based IT services giant said on Sunday it would immediately divest CGS, citing U.S. legal constraints on classified federal contracts that prevented it from exercising "appropriate control" over the subsidiary's operations.

(Reporting by Leo Marchandon in Gdansk; Editing by Kirsten Donovan)

Key Takeaways

•Capgemini shares rose by 2% after announcing the sale of its U.S. subsidiary.
•The decision follows controversy over a contract with U.S. immigration authorities.
•Capgemini cites U.S. legal constraints on federal contracts as a reason for the divestment.
•The sale aims to regain control over operations and mitigate backlash.
•Market reacted positively to the strategic divestment announcement.

Frequently Asked Questions about Capgemini shares rise on move to sell unit after ICE backlash

1What is the main topic?

The main topic is Capgemini's decision to sell its U.S. subsidiary following backlash over a contract with U.S. immigration authorities.

2Why is Capgemini selling its U.S. subsidiary?

Capgemini is selling its U.S. subsidiary due to legal constraints on federal contracts and controversy over a contract with U.S. immigration authorities.

3How did the market react to Capgemini's announcement?

Capgemini shares rose by 2% following the announcement of the U.S. subsidiary sale.

Capgemini's Strategic Divestment

By Leo Marchandon

Reasons for Divestment

Market Reaction

(Reporting by Leo Marchandon in Gdansk; Editing by Kirsten Donovan)

Key Takeaways

•Capgemini shares rose by 2% after announcing the sale of its U.S. subsidiary.

•The decision follows controversy over a contract with U.S. immigration authorities.

•Capgemini cites U.S. legal constraints on federal contracts as a reason for the divestment.

•The sale aims to regain control over operations and mitigate backlash.

•Market reacted positively to the strategic divestment announcement.

Frequently Asked Questions

1What is the main topic?

The main topic is Capgemini's decision to sell its U.S. subsidiary following backlash over a contract with U.S. immigration authorities.

2Why is Capgemini selling its U.S. subsidiary?

Capgemini is selling its U.S. subsidiary due to legal constraints on federal contracts and controversy over a contract with U.S. immigration authorities.

3How did the market react to Capgemini's announcement?

Capgemini shares rose by 2% following the announcement of the U.S. subsidiary sale.