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DXC Technology is looking to sell its insurance software business to Eldridge for $2.4 billion.

DealRead the original at Benzinga
Neutral

DXC is in advanced talks to sell its insurance software business, but no sale is complete. The unit’s sales grew 5.4% in fiscal 2026, its profit fell 20.4%, and DXC’s total sales fell 1.8%, leaving the story without a clear change to its outlook.

DXC · DXC Technology Company

AI read · Neutral

The AI's read

A sale could give DXC cash and leave it with a simpler business. But the insurance unit's sales grew 5.4% in fiscal 2026, even as its profit fell 20.4%. DXC's total sales also fell 1.8%. Talks are not complete, and the story does not say how DXC would use the money. Those facts leave the company's outlook unchanged for now.

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