Dutch ministry upholds ban on Kyndryl acquisition of Solvinity
KD•The Dutch Ministry of Economic Affairs and Climate Policy upheld its prohibition on Kyndryl’s planned acquisition of Solvinity, ending the deal after a second review. Kyndryl said it will move on while continuing to support customers in the Netherlands.
1. Deal blocked
The Dutch ministry upheld its prohibition on Kyndryl’s planned acquisition of Solvinity after a second review, leaving the transaction unable to close. Kyndryl said it will move on while continuing to support customers across the Netherlands.
