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Evening Standard and Top-Consultant in consulting joint venture
 
 The Evening Standard
and Top-Consultant.com
have announced a
partnership that will
see a quarterly
management consultancy
special feature section
run in the Evening
Standard. The first
quarterly special will
run on the 27 February
2007.
   Top-Consultant
 
 Director Tony Restell
commented: “In recent
weeks there has been
some very one-sided
press coverage of the
consulting industry. In
striking this
partnership with the
Evening Standard, our
aim is to provide some
more balanced coverage
of the UK consulting
industry – and to talk
 
 about all the positive
ways in which consulting
firms benefit the UK
economy and many of our
largest corporations. We
also want to provide our
clients with a new
recruitment channel for
reaching potential hires
– and this new
partnership allows us to
offer print advertising
as well as online
 
 advertising solutions.”
   Restell went on to
explain how the
initiative had come
about. Our Evening
Standard
initiative
will give the industry
the chance to redress
the balance and we shall
be championing the
accurate representation
of the consulting
industry.”
 
    The quarterly
specials in the Evening
Standard
are scheduled
to appear in the 27
February, 15 May and 25
September editions –
with the date for Q4
2007 yet to be
confirmed.
  
  
  
 
 
Capgemini to raise €500m by selling new shares
 
 Capgemini plans to raise
at least €455m ($606m)
through a new share
issue to fund future
expansion.
   The approximately 10m
shares the company plans
to sell were priced at
€44.50. The €461.1m they
will raise could
increase to €507.2m if
the entire
over-allotment option is
exercised. The
indicative share price
announced earlier had
been €43.87.
 
  
   
 
 
 
 
 
 
 
 was over-subscribed and
closed ahead of
schedule.
   Capgemini said in
October that it is to
buy Nasdaq-listed
management consulting
and outsourcing services
provider Kanbay
International Inc. for
about US$1.25bn (€938m)
and reiterated this week
that it will fund that
transaction with
existing cash resources.
   In 2003, the company
purchased fellow French
 
 company Transiciel,
which was followed by
the win of one of its
largest contracts – the
management of the UK
government's computer
systems network.
   According to media
reports, potential
targets for Capgemini
include Europe's
fast-growing management
consultants Aspiren,
E-A, Xantus Consulting
and Berkshire
Consultancy.
   Another possible
 
 target is the Sage
Group, a UK-based
supplier of accounting
and business management
software to small and
mid-sized businesses,
the only technology
company listed on
London's FTSE 100 share
index. The
Newcastle-based company
is soaring after last
week's announcement of
excellent full year
pre-tax profit and
revenue.
  
 
    The company, which
said it will use the
proceeds to strengthen
its balance sheet and
possibly for
acquisitions, said the
tranche of the new stock
reserved for
institutional investors
 
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