POTENTIAL DEAL DETAILS
Stock | DXC Technology Company | Symbol | DXC |
Date Announced | 09/21/2022 | Source | Bloomberg |
Type | News Report |
Information-technology services provider DXC Technology Co. (DXC) is working with advisers after receiving takeover interest, according to people familiar with the matter.
Update(s):
October 4, 2022: DXC Technology (DXC), confirmed that management has been approached by a financial sponsor regarding a potential acquisition of the Company.
March 6, 2023: DXC Technology (DXC) engaged in preliminary discussions and due to the financial sponsor’s challenges in raising the necessary capital, as a result of current market conditions, no formal proposal was received by the company and DXC has terminated the discussions.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.