WNS Holdings downgraded to Market Perform from Outperform at William Blair

William Blair downgraded WNS Holdings (WNS) to Market Perform from Outperform after the company agreed to be acquired by Capgemini for $76.50 per share in cash. The firm does not expect competing bids given “the robust strategic fit of the merger” and the unanimous approval by both boards of directors, the analyst tells investors.