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Capgemini shares rise on move to sell unit after ICE backlash

ReutersFeb 2, 2026 9:46 AM

By Leo Marchandon

- Capgemini CAPP.PA 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.

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.

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