French IT giant Capgemini to sell US subsidiary after row over ICE links [Yahoo! Finance]
CAPGEMINI SE UNSP/ADR (CGEMY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Capgemini, which operates in about 50 countries and is one of France's largest listed companies, held an extraordinary board meeting this weekend after facing questions in parliament and calls for transparency from the government. The company has been in the spotlight for days over the deal its American subsidiary signed with ICE to identify foreigners on US soil and track their locations. The killings of two people -- Renee Good and Alex Pretti -- by ICE and CBP border patrol agents in Minneapolis have provoked widespread condemnation of the American agency. "The divestiture process of this business will be initiated immediately," the company said in a statement, referring to Capgemini Government Solutions. "Capgemini determined that the customary legal restrictions imposed for contracting with federal government entities carrying out classified activities in the United States did not allow the Group to exercise appropriate control over certain aspects of the operations of t
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