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DXC Technology Statement; Says Due To The Financial Sponsor’s Challenges In Raising The Necessary Capital, As A Result Of Current Market Conditions, No Formal Proposal Was Received By The Company And DXC Has Terminated The Discussions

In response to market rumors and speculation, on Oct 4th, 2022, DXC Technology (NYSE:DXC) announced that it was approached by a financial sponsor regarding a potential acquisition of the company. Consistent with its

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