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Kyndryl Drops Solvinity Deal After Dutch Ban on DigiD Host

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Sig2.65Sen-2.35Env0.00Soc-0.60Gov-0.90

Kyndryl is no longer pursuing its planned acquisition of Dutch DigiD host Solvinity after accepting a Dutch government ban. The company says it will not challenge the ban as shareholders fight it in court, where the ministry held the first hearing. Officials say DigiD for citizens will not change, and a new decision is due by end-September.

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