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DXC Technology Co (DXC.N)

DXC.N on New York Stock Exchange

80.85USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Solutions 30 And DXC Sign A Strategic Partnership In Italy
Monday, 18 Jun 2018 

June 18 (Reuters) - SOLUTIONS 30 SE ::SOLUTIONS 30 AND DXC SIGN A STRATEGIC PARTNERSHIP IN ITALY.CREATION OF TWO NEW COMPANIES: BUSINESS SOLUTIONS ITALIA & BUSINESS REMOTE SOLUTIONS ITALIA.A PARTNERSHIP COMPLETED BY A EUR 30M CONTRACT OVER 5 YEARS..CONTRACT TO PROVIDE LOCAL SERVICES FOR DIGITAL SOLUTIONS.  Full Article

DXC Technology Says On May 11 Entered Into Credit Agreement For Euro 400 Mln
Thursday, 17 May 2018 

May 17 (Reuters) - DXC Technology Co ::DXC TECHNOLOGY SAYS ON MAY 11 ENTERED INTO A SENIOR UNSECURED TERM LOAN CREDIT AGREEMENT IN AN AGGREGATE PRINCIPAL AMOUNT OF EUR400 MILLION.DXC TECHNOLOGY - PROCEEDS WERE USED TO REPAY AMOUNTS OUTSTANDING UNDER THAT CERTAIN TERM LOAN CREDIT AGREEMENT DATED AS OF SEPT 14, 2017 - SEC FILING.DXC TECHNOLOGY CO - CREDIT AGREEMENT IS SCHEDULED TO MATURE ON MAY 10, 2019.  Full Article

DXC Technology - Board Set Record Date Of May 25 For Previously Announced Spin-Off Of Co's U.S. Public Sector Business
Monday, 7 May 2018 

May 7 (Reuters) - DXC Technology Co ::DXC TECHNOLOGY - BOARD SET RECORD DATE OF MAY 25 FOR PREVIOUSLY ANNOUNCED SPIN-OFF OF CO'S U.S. PUBLIC SECTOR BUSINESS INTO NEW CO NAMED PERSPECTA INC.  Full Article

DXC Technology Receives Early Termination Of Waiting Period In Connection With Vencore And Keypoint Acquisitions, USPS Merger-Spin-Off
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - DXC Technology Co ::DXC TECHNOLOGY RECEIVES EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD IN CONNECTION WITH VENCORE AND KEYPOINT ACQUISITIONS, USPS MERGER-SPIN-OFF.  Full Article

DXC Technology Q2 earnings per share $0.88
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - DXC Technology Co ::DXC Technology delivers strong second quarter results with growth in earnings per share, margins, and cash flow.Q2 earnings per share $0.88.Q2 non-GAAP earnings per share $1.93.Q2 earnings per share view $1.53 -- Thomson Reuters I/B/E/S.  Full Article

Vencore Holding Corp files to withdraw IPO plans
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Vencore Holding Corp :Vencore Holding Corp files for withdrawal of IPO plans, cites merger plans with DXC Technology - SEC filing.Vencore Holding Corp had filed for IPO of up to $250 million in June 2017.  Full Article

DXC Technology says $50 mln may be payable to Vencore, KeyPoint if deal terminates, under some conditions​
Friday, 13 Oct 2017 

Oct 13 (Reuters) - DXC Technology Co ::Termination fee of $50 million may be payable by DXC to Vencore & Keypoint upon termination of merger agreement, under some conditions​.  Full Article

HCL Technologies announces IP partnership with DXC Technology
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Hcl Technologies Ltd :Says ‍discontinuation of joint venture arrangement with DXC Technology​.Says entered into a new IP partnership with DXC ‍​.Says under IP partnership deal, co will acquire exclusive rights for 10 years for core banking products ‍​.Under IP partnership, co responsible for product development, modernsiation, maintenance, professional services of core banking products.Under IP partnership, DXC will be primarily responsible for sales, marketing and client relationship.  Full Article

DXC Technology to create independent U.S. public sector business
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - DXC Technology Co :DXC Technology to combine its U.S. public sector business with Vencore Holding Corporation and Keypoint Government Solutions to create an independent, publicly traded company serving U.S. government clients.Veritas Capital will remain an investor in new company​.Mac Curtis, president and CEO of Vencore, will become chief executive officer of new company​.‍USPS will distribute $1.05 billion in cash consideration (or assumed debt) to DXC​.DXC will use proceeds from transaction to reduce debt, repurchase shares, and for other general corporate purposes​.Veritas Capital's Ramzi Musallam will join board of new company, with remaining board members named at a later date​.Funds managed by Veritas Capital and its affiliates will own approximately 14 percent of combined company's common shares upon consummation of transactions​.Co to get shares of USPS via a spin-off, to own about 86 percent of combined co's common shares upon consummation of transactions​.Vencore and Keypoint have each received necessary shareholder approvals to complete transactions​.Funds managed by Veritas Capital and its affiliates will receive $400 million of cash merger consideration​.  Full Article

Datatec sells SMC consultancy operation to DXC Technology for undisclosed sum​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Datatec Ltd :LOGICALIS SELLS SMC CONSULTANCY OPERATION.‍SALE TO DXC TECHNOLOGY FOR AN UNDISCLOSED SUM​.‍SUBSIDIARY LOGICALIS GROUP ENTERED AN AGREEMENT TO SELL ITS SERVICE MANAGEMENT CONSULTANCY OPERATION, LOGICALIS SMC​.  Full Article

French and Benelux stocks-Factors to watch on June 19

June 19 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.