France's Capgemini to sell subsidiary working with ICE during anger at US immigration crackdown [Yahoo! Finance Canada]
CAPGEMINI SE UNSP/ADR (CGEMY)
NASDAQ:AMEX Investor Relations:
investors.capgemini.com
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Source: Yahoo! Finance Canada
immigration crackdown. France's government had pressured the company to be more transparent about its dealings with ICE, whose actions in Minneapolis in recent weeks have raised concern in France and other countries. The government's campaign against immigrants in Minnesota's capital has led to the fatal shootings of two U.S. citizens at the hands of federal immigration officers. Capgemini said in a statement Sunday that it will immediately start the process of selling off its subsidiary Capgemini Government Solutions. It said the rules for working with U.S. federal government agencies ?did now allow the group to exercise appropriate control over certain aspects of the operations of this subsidiary to ensure alignment with the group's objectives.? It didn't give further explanation for the decision, but noted that the subsidiary represents only 0.4% of the company's estimated 2025 revenue. Capgemini CEO Aiman Ezzat said he was only recently made aware of the subsidiary's cont
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