BRIEF-Snc-Lavalin and CGI enter IT outsourcing agreement

Wed May 11, 2016 9:26am EDT
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May 11 (Reuters) - CGI Group Inc

* SNC-Lavalin and CGI sign it outsourcing agreement

* Twelve-year information technology (IT) outsourcing agreement valued at $500 million

* SNC will outsource majority of its technology management and application needs

* SNC-Lavalin will retain responsibility for its it strategy, cyber security, development of applications linked to company's core business Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)