Harneys represented DXC Technology Company on its proposed US$2 billion merger acquisition of Luxoft

Harneys Westwood & Riegels is delighted to announce having represented DXC Technology Company (NYSE: DXC) on its proposed US$2 billion merger acquisition of Luxoft (NYSE: LXFT). 

This transaction sets a new BVI record for the largest ever takeover of a publicly-listed BVI company by transaction value.

Partner Greg Boyd led the Harneys BVI team with assistance from Counsel George Weston and worked alongside an impressive corporate team at Latham & Watkins (US counsel to DXC, led by New York partner Peter Harwich and Silicon Valley/New York partner Josh Dubofsky).  Initial instructions were received on 8 December 2018 – in managing to achieve deal signing within a month (which included the Christmas and New Year period), Greg Boyd commented: “a new record is a nice bit of icing on the cake, but more importantly this transaction is demonstrative of both our public equity expertise and our core value commitment to ensuring client objectives are met”.