Exclusive-Apollo, Kyndryl in bid for DXC Technology, sources say [Yahoo! Finance Canada]
Kyndryl Holdings, Inc. (KD)
Company Research
Source: Yahoo! Finance Canada
(Reuters) - 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, people familiar with the matter said on Monday. Apollo and Kyndryl have discussed an acquisition offer for DXC of between $22 and $25 per share, one of the sources said. DXC, which is also an IT services vendor, is separately running a process to sell its insurance software business for more than $2 billion, and may opt to remain an independent company under Raul Fernandez, who was appointed chief executive in February, the sources added. ADVERTISEMENT The sources requested anonymity because the matter is confidential. DXC, which has a market value of $3 billion, and Kyndryl did not immediately respond to requests for comment. Apollo declined to comment. (Reporting by Greg Roumeliotis and Milana Vinn in New York; editing by Jonathan Oatis)
Show less
Read more
Impact Snapshot
Event Time:
KD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KD alerts
High impacting Kyndryl Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
KD
News
- Kyndryl Holdings, Inc. (KD) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Kyndryl Holdings, Inc. (KD) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Kyndryl Holdings, Inc. (KD) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Why Is DXC Technology (DXC) on the Acquisition Radar Again? [Yahoo! Finance]Yahoo! Finance
- Apollo, Kyndryl in bid for DXC Technology, sources tell Reuters [CNBC]CNBC
KD
Earnings
- 5/7/24 - Beat
KD
Sec Filings
- 6/12/24 - Form ARS
- 6/12/24 - Form DEFA14A
- 6/12/24 - Form DEF
- KD's page on the SEC website