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DXC Technology (formerly part of Hewlett Packard's enterprise computer service provider, integrated with Computer Sciences Corp.) has signed a final purchase agreement for software developer Luxoft Holding Inc., in a message from the participants.
The agreement provides for payment of $ 59 for Luxoft's share, which estimates the entire company to be around $ 2 billion, which gives its owners approximately 83% of Luxoft's shares.
The closing of the transaction is expected for June 2019 and depends on the approval of companies and regulatory bodies.
After citing Luxoft's newspapers, NYSE fluctuated 82%.
Luxoft will retain its brand and operate under the brand name "A DXC Technology Company". SEA Dmitry Loshchinin
The consultants DXC were Guggenheim Securities, BofA Merrill Lynch, Latham and Watkins LLP and Harney West. Luxoft advised Credit Suisse, White & Case LLP Conyers Dill & Pearman
finance.ua:
- Luxoft Holding is a provider of software development services and innovative IT solutions with a clientele .
- Luxoft has more than 12,700 employees and 40 offices in 22 countries: North America, Western and Eastern Europe, Asia-Pacific, as well as Mexico and South Africa.
- Luxoft Company is registered. in the British Virgin Islands, with headquarters in Zug (Switzerland).
- Annie Four Quarters of Luxoft achieved a turnover of $ 911 million
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