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DXC Technology Statement

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DXC Technology (NYSE: DXC) announced it received an unsolicited, non-binding acquisition proposal from Atos SE. The DXC board will evaluate this proposal while maintaining its focus on customer service and its ongoing transformation journey. Notably, DXC had no prior knowledge of Atos's interest before receiving the proposal. The company's commitment to its stakeholders remains strong as it assesses this potential acquisition.

Positive
  • The DXC board is actively considering an unsolicited acquisition proposal, which could indicate interest in the company's value.
  • The focus on customer service and transformation suggests a commitment to future growth.
Negative
  • The unsolicited nature of the proposal may reflect uncertainty in DXC's current market position.
  • Receiving a non-binding proposal may suggest potential undervaluation of the company.

DXC Technology (NYSE: DXC) confirmed today that it received an unsolicited, preliminary and non-binding proposal from Atos SE Wednesday night to acquire all DXC Technology shares. The DXC Technology board of directors, consistent with its fiduciary responsibilities, will be evaluating the proposal. Prior to receiving this proposal Wednesday night, DXC Technology had no knowledge of any such interest from Atos. We remain focused on delivering for our customers, people and shareholders as we execute our transformation journey.

FAQ

What acquisition proposal did DXC Technology receive?

DXC Technology received an unsolicited, non-binding acquisition proposal from Atos SE.

When did DXC Technology receive the proposal from Atos?

DXC Technology received the acquisition proposal from Atos SE on Wednesday night.

How is DXC Technology responding to the acquisition proposal?

The board of directors of DXC Technology is evaluating the unsolicited proposal.

Did DXC Technology have prior knowledge of Atos's interest?

No, DXC Technology had no prior knowledge of Atos's interest before receiving the proposal.

What is DXC Technology's current focus amidst the acquisition proposal?

DXC Technology remains focused on delivering for customers and executing its transformation journey.

DXC Technology Company

NYSE:DXC

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3.77B
181.02M
1.08%
99.3%
4.55%
Information Technology Services
Services-computer Processing & Data Preparation
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United States of America
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