Deal Snapshot
DXC TECHNOLOGY TO ACQUIRE LUXOFT TO EXPAND ACCESS TO DIGITAL GROWTH
Thursday 10 January 2019

Virginia, US-based IT services company DXC Technology (NYSE: DXC) has agreed to acquire Swiss digital firm Luxoft Holding, Inc (NYSE: LXFT) with differentiated offerings, vertical industry expertise and digital talent, the company said.

Pursuant to the agreement between DXC and Luxoft, all of the issued and outstanding Luxoft class A and class B ordinary shares will receive USD 59.00 per share in cash, representing a total equity value of approximately USD 2.0bn.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 10/01/2019
Target: Luxoft,  Holding, Inc
Country: Switzerland
Deal Size: 2bn (USD)
Sector: IT/Online Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: DXC Technology,  
Buyer Advisor: Guggenheim Securities , BofA Merrill Lynch , Latham and Watkins , Harney Westwood and Riegel
Comment:


Options