#FinancialRestructuring

French state bidding for piece of Atos, offers €700M

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June 14, 2024 at 07:42AM The French government has offered €700 million for crucial assets of troubled IT services company Atos, as part of a restructuring plan. These assets include Advanced Computing, Mission-Critical Systems, and Cybersecurity activities, which have significant involvement in French military and state projects. Atos is evaluating the proposal and is also … Read more

France willing to buy key Atos assets to keep them French

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April 29, 2024 at 09:02AM The French government has tabled an offer to buy key assets from struggling IT giant Atos, including Advanced Computing, Mission-Critical Systems, and Cybersecurity Products, for a value between €700 million and €1 billion. The move aims to protect strategic activities from falling into foreign hands, particularly in defense and aeronautics. … Read more