France's Capgemini slightly raises bid on Altran after Elliott battle
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(Reuters) - French consulting and IT services provider Capgemini slightly raised the price of its friendly bid for smaller rival Altran Technologies on Tuesday, in a last-ditch effort to win a six-month battle against U.S. activist fund Elliott. The firm, which had thus far said its 3.6-billion-euro (3.1 billion pounds) bid for all of Altran reflected a fair value for the target, is now offering Altran shareholders 14.5 euros per each share they hold, compared to 14 euros previously. This..