IBM-Spinoff Kyndryl, Apollo Eyeing DXC Technology In Potential Joint Acquisition: Report
IBM-Spinoff Kyndryl, Apollo Eyeing DXC Technology In Potential Joint Acquisition: Report
Apollo Global Management Inc (NYSE:APO) and Kyndryl Holdings Inc (NYSE:KD), a spinoff from IBM, are reportedly considering a joint bid for DXC Technology Co (NYSE:DXC).
阿波羅全球管理公司 (NYSE:APO) 和IBM拆分後的Kyndryl Holdings股份有限公司 (NYSE:KD) 正考慮聯合收購DXC Technology Co (NYSE:DXC)。
What Happened: Apollo and Kyndryl are in discussions regarding a potential acquisition offer for DXC, with the per-share bid ranging between $22 and $25, Reuters reported, citing sources.
據路透社報道，阿波羅和Kyndryl正在商討可能的收購報價，每股報價範圍在22美元至25美元之間。
This news caused DXC's shares to surge by 11% and conclude Monday's trading at $18.45, resulting in a market value of $3.3 billion.
這一消息導致DXC的股票上漲11%，收盤價爲18.45美元，市值爲33億美元。
DXC, which also operates as an IT services provider, is concurrently seeking bids for the sale of its insurance software business, valued at over $2 billion.
作爲IT服務提供商，DXC同時也在尋求銷售其價值超過20億美元的保險軟件業務。
The company may also choose to remain independent under the leadership of Raul Fernandez, who took over as CEO in February.
該公司也可能選擇在Raul Fernandez的領導下繼續保持獨立，他於今年2月接任CEO。
DXC's revenue has been impacted over the past year due to factors such as high interest rates and concerns about an economic slowdown, prompting many of its corporate clients to cut back on spending. The company's shares have suffered a decline of more than 30% in the last 12 months.
由於利率高和對經濟放緩的擔憂等因素，DXC的營業收入在過去一年中受到影響，促使其許多公司客戶削減支出。該公司的股價在過去12個月中下跌了超過30%。
DXC has responded to this downturn through a series of cost-cutting measures and restructuring initiatives. The company, based in Ashburn, Virginia, has stated that it last engaged in acquisition talks last year, which were terminated after a private equity suitor failed to secure the necessary financing.
DXC通過一系列削減成本措施和重組舉措應對了這一下滑。總部位於弗吉尼亞州阿什本的公司表示，去年曾進行過收購談判，但因私募股權投資者未能獲得必要的融資而終止。
Apollo Global Management, Kyndryl Holdings, and DXC Technology did not immediately respond to Benzinga's request for comment.
阿波羅全球管理、Kyndryl Holdings和DXC Technology未立即回應Benzinga的置評請求。
Why It Matters: The potential joint bid by Apollo and Kyndryl comes at a time when the latter has been receiving positive attention from Wall Street. Kyndryl Holdings Inc. has an average brokerage recommendation of 1.40, indicating a strong buy sentiment among analysts. This, coupled with the company's market value of $6 billion, positions Kyndryl as a significant player in the IT services sector.
阿波羅和Kyndryl的潛在聯合競購正值Kyndryl受到華爾街的積極關注之際。根據分析師的平均券商建議，Kyndryl Holdings的強烈買入情緒得到充分體現，爲1.40。此外，Kyndryl的市值達到了60億美元，使其成爲IT服務部門中的重要參與者。
On the other hand, Apollo Global Management Inc. is a major player in private equity and corporate credit assets, with assets under management totaling $671 billion. The potential collaboration between Apollo and Kyndryl for the acquisition of DXC Technology Co. could have significant implications for the IT services industry.
另一方面，阿波羅全球管理是一家規模龐大的私募股權和企業信貸資產公司，管理資產總額達到6710億美元。阿波羅和Kyndryl在收購DXC Technology公司方面的潛在合作可能對IT服務行業產生重大影響。
Price Action: DXC Technology traded at $19.25 in after-hours trading, up 4.34% following Monday's market close, according to the data from Benzinga Pro.
據Benzinga Pro數據，DXC Technology的交易價格爲19.25美元，收盤後上漲4.34%。
Image Via Pixabay
圖片來自Pixabay
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote
譯文內容由第三人軟體翻譯。