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DXC Technology to buy software development company Luxoft for $2 billion

January 7, 2019 12:59 PM
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(Reuters) - IT and consulting services provider DXC Technology Co said on Monday it would buy software development company Luxoft Holding Inc for about $2 billion to expand its digital offerings to the financial and automotive sectors.

Luxoft shareholders will get $59 per share in cash, representing a premium of about 86 percent to the company’s closing price on Friday.

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