The new structure of Cap Gemini Sogeti SA, announced last night sees controlling shareholder Sogeti SA and Sogeti subsidiary Gemini Consulting being merged with Cap Gemini Sogeti, although the name of the surviving entity is not yet set. Sogeti is to raise the equivalent of $430m in new capital ahead of the merger, with its controlling shareholder, group founder Serge Kampf putting up $61m, and the debis AG unit of Daimler-Benz AG and financial holding group CGIP each putting up $184.5m. The new corporate structure is intended to enable other international partners to take a stake in the company. After the reorganisation, Daimler-Benz will hold just under 25% of the new group, CGIP will hold a matching stake and Kampf will hold 20%. The other 30% remains freely traded. Exact details are to be decided at shareholder meetings. Daimler now has a 34% of Sogeti, while CGIP and Kampf, chairman of Cap Gemini Sogeti, are 50-50 partners in a joint venture that in turn has a 51% stake in Sogeti SA.
