According to Bloomberg, DXC Technology (DXC) is working with advisers after receiving takeover interest

POTENTIAL DEAL DETAILS

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.

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