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Apollo, Kyndryl in talks to buy $3.3bn DXC Technology

DXC Technology's newly appointed Chief Executive Officer, Raul Fernandez, who assumed the helm in February, has expressed a willingness to maintain the company's independence.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 14, 2024 | 10:21 AM BST

Apollo, Kyndryl in talks to buy $3.3bn DXC Technology

From Left to Rigth: Martin Schroeter, Kyndryl Chairman and Chief Executive Officer and Marc Rowan, Chief Executive Officer Apollo Global Management

The Tech Capital

Asset management group Apollo Global Management (NYSE: APO) and information technology services provider Kyndryl Holdings (NYSE: KD) are engaged in discussions regarding a potential joint acquisition bid for DXC Technology (NYSE: DXC) whose current market cap stands at US$3.32 billion.

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João Marques Lima

Founder and Editor, The Tech Capital

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