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Ernst & Young partners support Cap Gemini deal

Suzanna Kerridge, Paris correspondent

By Suzanna Kerridge

Published: 4 April 2000 16:59 GMT

Ernst & Young partners in 15 countries have voted in favour of the proposed merger of its consultancy arm with French integrator, Cap Gemini.

The countries to agree to the proposed $11bn stock and cash deal so far include France, Finland, Ireland, Italy, Spain, the UK and the US.

However, the merger is subject to the approval of all Ernst & Young partners and voting in the remaining countries is expected to be finished by the end of the month.

Cap Gemini has said it will hold an extraordinary general meeting on 23 May to discuss the terms and conditions of the agreement.

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