Capgemini to divest US government subsidiary amid regulatory constraints [Yahoo! Finance]
CAPGEMINI SE UNSP/ADR (CGEMY)
NASDAQ:AMEX Investor Relations:
investors.capgemini.com
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Source: Yahoo! Finance
The decision comes after Capgemini identified that legal requirements tied to federal government contracts for classified activities in the US restrict the company's ability to oversee certain operational aspects of this business. This makes it difficult to ensure full alignment with corporate objectives, said the company. Capgemini Government Solutions accounts for 0.4% of Capgemini's projected global revenue for 2025 and contributes less than 2% to the group's revenue in the US. The move comes after Capgemini faced scrutiny over a contract with US Immigration and Customs Enforcement (ICE), amid public criticism of the agency's role in enforcing President Donald Trump's immigration policy. Public records show that Capgemini Government Solutions has been under contract since 18 December 2025 to provide “skip tracing services for enforcement and removal operations”, the BBC reported . Skip tracing involves locating people whose whereabouts are not known. According to US govern
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News
- Companies are ditching business with ICE [Yahoo! Finance]Yahoo! Finance
- Companies are ditching business with ICE [CNN]CNN
- Companies are ditching business with ICE [CNN]CNN
- A $26 billion software company is selling a US unit that has a contract with ICE [Yahoo! Finance]Yahoo! Finance
- A $26 billion software company is selling a US unit that has a contract with ICE [Business Insider]Business Insider