DXC Technology (DXC.N) said on Tuesday it had been approached by a financial sponsor regarding a potential takeover of the IT management company, without disclosing further details.

Shares of the company, which has a market capitalization of nearly $6 billion, jumped nearly 9% on Tuesday before a trading halt. They were up 5.5% after trading resumed.

The company has received no formal proposal but is engaged in preliminary discussions, it said.

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