Shares of DXC Technology Co. DXC,
rose 7% on Thursday after Reuters reported that Atos SE ATO,
made a bid for the information technology company. Atos, based in France, confirmed the news. “Following recent market rumors of a potential transaction involving Atos, the company confirms that it has approached DXC Technology regarding a potentially friendly transaction between the two groups to create a Digital Services Leader that benefits from global scale, talent and innovation, ”the company said. said in a statement. In assessing this opportunity, Atos will apply the financial discipline it has always followed in its acquisition strategy. There can be no assurance at this stage that this approach will result in any agreement or transaction. Further announcement will be made when appropriate . ” The company did not provide details on the price, but Reuters said it is reportedly willing to pay more than $ 10 billion for DXC in what would be the company’s largest deal to date. A deal could boost cost synergies and give Atos a greater presence in the US, the story said, citing multiple unnamed sources. In France, Atos shares were down more than 6%. DXC shares have gained 54% in the past three months as the S&P 500 SPX,
is up about 11%.