Shares of DXC Technology Co. DXC,
rose 7% on Thursday after Reuters reported that Atos SE ATO,
made an offer to 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 about a potentially friendly transaction between the two groups to create a leader in global digital services, benefiting from global talent. and innovation, “the company said in a statement. “In assessing this opportunity, Atos will apply the financial discipline it has always followed in its procurement strategy. There can be no certainty at this stage that this approach will lead to any agreement or transaction. Additional announcements will be made when is the case. ” The company did not provide details about the price, but Reuters said it was willing to pay more than $ 10 billion for DXC in what would be the company’s largest business yet. An agreement could lead to cost synergies and give Atos a greater presence in the United States, the story said, citing several unnamed sources. Atos shares traded less than 6% in France. DXC shares have gained 54% in the last three months as the S&P 500 SPX,
increased by about 11%.