U.S. buyout fund Bain Capital is in final talks to buy French IT services firm Inetum in a deal worth about $2.27 billion that would boost its presence across Europe’s tech sector, sources familiar with the matter told Reuters.

Bain is putting the finishing touches to the transaction which could beryllium signed arsenic aboriginal arsenic this week and would worth the 52-year aged French steadfast – owned by Qatar’s radical Mannai Corp – astatine astir 2 cardinal euros ($2.27 billion), 1 of the sources said.

JPMorgan is moving with Mannai Corp connected the merchantability portion Credit Suisse is advising Bain, the sources said.

Read more/Source: Reuters