- DXC Technology (NYSE:DXC) rose 12% in premarket trading after Reuters reported that French IT consulting firm Atos (OTCPK:AEXAF) made a takeover approach valuing the company at more than $10b.
- Update: Atos confirmed to Reuters that it made approach to DXC concerning a ``friendly'' transaction; no certainty at this stage the at approach will result in any agreement
- Atos made a formal approach earlier this week, Reuters said, citing 2 sources familiar; talks still in preliminary stage
- Separately, Bloomberg reported that Atos is looking for acquisitions and is evaluating companies like DXC; SecureWorks (NASDAQ:SCWX) is another possible target for Atos