DXC Technology bids $2.4B for insurance unit
DCX Technology, an American company specializing in information technology sciences, is expecting to complete a deal to sell its insurance software and services unit for approximately $2.4 billion to private equity firm Eldridge Industries. Meanwhile, discussions are ongoing about potentially merging the unit with Zinia's insurtech platform. An agreement is expected to be reached in the coming weeks, though nothing is guaranteed, in order to strengthen the company's position in the digital insurance market.
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