DXC stock surges amid reported takeover interest

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Shares of DXC Technology Co. are up nearly 10% in premarket trading Thursday after Reuters reported that Atos SE has made a bid for the information technology company. Atos, based in France, is reportedly willing to pay upwards of $10 billion for DXC in what would be the company’s largest deal yet, according to Reuters. A deal could drive cost synergies and give Atos a greater U.S. presence, the story said, citing multiple unnamed sources. The deal talks are still at an early stage and there’s no guarantee that an acquisition will take place. Atos shares are trading more than 6% lower in France. DXC shares have gained 43% over the past three months as the S&P 500 has risen about 10%.
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