Thread regarding DXC Technology layoffs

Barings Private Equity Trying to blow itself up.

Seeking Alpha said that Barings Private Equity is the interested party in the takeover talks. Maybe they want to blow themselves up like Barings Bank (they were affiliated) :-).

Shouty (is this still valid given we never hear from him?) will need more that the ATOS offer if he is to keep face but it's unlikely given this t_rd of a company is now worth half that.

But what does he care given the dollars he's squeezed out of this company for himself and his incompetent crony crew.

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| 2391 views | | 3 replies (last December 29, 2022) | Reply
Post ID: @OP+1kpuDDXC

3 replies (most recent on top)

That's quite an old story from October.
In case this is still ongoing, looks like they are waiting on this quarters numbers.
Meaning nothing will happen before mid February.

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Post ID: @1aiz+1kpuDDXC

It’ll get sold 100%

There would be no other reason for the CEO to be this silent. For some insider scam purposes they probably need to wait for a certain date to announce it.

US stocks have been tanking as of late but DXC has been stable-ish. The markets always price stuff in so they know something is brewing.

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Post ID: @1jax+1kpuDDXC

After Barings went public with their takeover there were rumors of others like KKR circling the remains of DXC so it may be broken up and sold off in different pieces, but its unusual for the negotiations to have taken so long without an outcome either way

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Post ID: @ymw+1kpuDDXC

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