Wipro bidding for Capgemini

According to the Hindustan Times, Wipro is going to put a bid for Capgemini, a leader in consulting biz by Jan end. This was long rumored. There also was a rumor of Infy biddng for the same circled in the markets some time ago. The thing to note is Capgemini is bigger that Wipro. As a result of this, both Wipro and Capgemini shares rose in their respective countries.