Talks between CSC and the NHS have been extended to the 31st of August after the 1st of June deadline was reached without a final agreement.
The 1 June deadline had already been extended from April in the effort to resolve talks surrounding valuation reductions and the scope of the contract.
The new August extension does not necessarily provide closure, with CSC stating in a filing to the US Securities and Exchange Commission, that “there can be no assurance that CSC and NHS will enter into the interim agreement or any amendment the existing agreement”.