PARIS—France’s Atos SE made an unsolicited bid to acquire DXC Technology Co. , a Virginia-based spinout from what was once Hewlett Packard Enterprise that was valued at about $6.7 billion at Wednesday’s market close.
The French provider of IT services for businesses said Thursday that it had approached DXC to discuss a potential transaction. DXC said it had received Atos’s nonbinding bid to buy all of its shares on Wednesday evening.
Neither company disclosed the value of the offer, which DXC said it would evaluate. Atos said it would “apply the financial discipline which it has always followed,” and cautioned that there was no guarantee a deal would be reached.
Shares in DXC rose as much as 10% in early trading on Thursday. DXC was created in 2017 from the merger of Computer Sciences Corp. and the bulk of Hewlett Packard Enterprise’s tech-services business.
Shares in Atos, which offers services such as infrastructure and cloud applications for businesses, fell as much as 11% Thursday. Atos had been valued at roughly 8.3 billion euros, equivalent to $10.2 billion, at Wednesday’s close.
