Apollo Global and Kyndryl Holdings in Joint Bid for DXC Technology at $22-25 per Share
Apollo Global and Kyndryl Holdings are reportedly in discussions for a joint bid to acquire DXC Technology. Sources indicate that the potential bid values DXC Technology at $22-25 per share. Kyndryl Holdings, an information technology services provider spun out of IBM, and Apollo Global, a prominent buyout firm, are exploring this acquisition to expand their market presence. The news was first reported by Reuters. The involved stock tickers are $DXC, $APO, and $KD.
Sources
Reuters
Exclusive: Apollo, Kyndryl in bid for DXC Technology, sources say https://t.co/bXmsK0lbYb https://t.co/b8vF77Sd91
Wall St Engine Reportedly, Apollo and Kyndryl Holdings are discussing a joint bid for $DXC at $22-25 per share.
PiQ 🔵 EXCLUSIVE-APOLLO, KYNDRYL IN BID FOR DXC TECHNOLOGY, SOURCES SAY Full Story → https://t.co/dJVCtxUb5T Buyout firm Apollo Global and Kyndryl Holdings, the information technology services provider that was spun out of IBM, are in talks about a joint bid for DXC Technology,… https://t.co/bxvwIPKpVi
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