Kyndryl's Solvinity Acquisition Prohibited by Dutch Government

MT Newswires Live05-26

Kyndryl's (KD) planned acquisition of Solvinity was formally prohibited by the Dutch government, the State Secretary for Economic Affairs and Climate Policy said Tuesday, according to a translation.

The transaction was blocked following an investigation by the national investment screening authority, which concluded the buyout poses a risk to the public interest under digital infrastructure security laws, the secretary said.

The supervisory bureau originally received notification regarding the prospective purchase from the buyer in November 2025, the official said.

The government issued the complete prohibition immediately due to indications that the deal completion was imminent, the state secretary added.

Shares of Kyndryl were down 1% in Tuesday trading.

Price: 12.28, Change: -0.01, Percent Change: -0.12

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