Deals
Atos Is Said to Lobby Its Top Shareholders to Back DXC Bid
- Approach driven by French tech services group’s need for scale
- IT outsourcers struggling to hold their own in shift to cloud
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Atos SE’s management is talking with some of the French IT outsourcing company’s biggest investors to try to win their support for a takeover of U.S. competitor DXC Technology Co., according to people familiar with the matter.
The executives argue that gaining a significant presence in the world’s biggest economy would give it the scale it needs to compete, the people said, asking not to be identified as the deliberations are private.