https://www.channele2e.com/news/dxc-technology-ownership-updates/
An enterprise named KKR is looking to buy DXC. Is it true? It's on the INNAHNET, it MUST be true!
11 replies (most recent on top)
No, DXC won’t sell for $10B as they still believe, despite the collapsing market and shrinking revenues, that it is worth two and a half times that.
Looks like Gullable Wall Street is buying Mr Shouty's Bull.
https://simplywall.st/stocks/us/software/nyse-dxc/dxc-technology/news/dxc-technology-companys-nysedxc-fundamentals-look-pretty-str
Looks like interest in the sector
or a fire sale of the dead and dying companies in the sector at rock bottom prices - which allows for effective asset stripping
Looks like people are buying up these it providers as they are at rock bottom, atos rejecting a bud for one half of the company.
Looks like interest in the sector.
https://uk.sports.yahoo.com/news/french-tech-company-atos-rejects-160615484.html
so if seekingalpha article is correct DXC shareholders are again being offered about $10B for the company (roughly same as ATOS offered 20 months ago)
Will they have sense to say yes this time or will the turkeys continue to vote for Christmas/Thanksgiving?
https://seekingalpha.com/news/3887194-dxc-technologies-gains-on-speculation-about-45share-offer
Amongst (many) other things KKR also own BMC Software. So when they acquire DXC they'll have a ready made replacement for the discontinued Platform X
DXC Technology, based in Ashburn, Virginia, has 94,000 employees listed on LinkedIn > and the DXC website says 130,300 so DXC fired/WFR 36,000 . SAD!
Doesn't mean every single DXC employee is on LinkedIn and for those that are, doesn't mean every single one identifies as working at DXC
https://www.forbes.com/sites/antoinegara/2019/05/06/kkr-private-equity-george-roberts-henry-kravis/?sh=9c54d6e0f106
Decent read -- Maybe DXC'ers should light a candle for a KKR takeover...sounds like employee treatment just might improve significantly...
NOT encouraging news here... https://www.reuters.com/markets/deals/australias-ramsay-health-kkr-led-group-cease-buyout-talks-2022-09-25/
DXC Technology, based in Ashburn, Virginia, has 94,000 employees listed on LinkedIn and the DXC website says 130,300 so DXC fired/WFR 36,000 . SAD!