Sopra Steria announced on Friday that its takeover bid for Ordina was now unconditional, paving the way for a future delisting of the Dutch IT consulting company, which is listed on Euronext Amsterdam.

The French group had launched a takeover bid for Ordina last March, but made the operation conditional on obtaining at least 80% of the company's capital.

Sopra, which completed its public offer this week, says it has received more than 92.7% of Ordina's shares, for an amount of almost 480 million euros.

Shareholders who have not yet tendered their shares to the offer will be able to do so during the reopening period, which closes on October 13, after which Ordina's shares will be fully consolidated within Sopra Steria's capital.

Ordina's shares will be delisted 'as soon as possible', the French technology group assures us in a financial notice.

Following this announcement, Sopra Steria's share price rose by 3.8% in early trading on Friday, bringing
its gains since the start of the year to over 40%.

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