French IT group Atos says it will simplify its organization, cut expenses, and focus on AI, aiming to reach €9B to €10B in 2028 sales, after years of setbacks
Under the plan, Atos aims to reach €9 billion ($10.1 billion) to €10 billion in sales in 2028 …
Atos reaches a deal with its creditors, including restructuring €2.9B of loans and bonds into equity, injecting €233M, and letting the creditors take control
The key elements of the restructuring framework (the “Restructuring Framework” … Juliette Jabkhiro / Reuters : Atos reaches deal in principle with creditors on restructuring, says media report X: Domi...
Atos says a consortium led by its largest shareholder, Onepoint, has withdrawn from bailout talks and that EPEI has expressed interest in restarting discussions
- Billionaire Kretinsky's EPEI is interested in restarting talks — Atos still aims for a refinancing deal with creditors in July
Atos picks a group led by Onepoint, its top shareholder, to take over the IT company; the group will invest €250M and convert €2.9B of Atos' debt into shares
Benoit Berthelot / Bloomberg :
Atos says it received four distinct offers to restructure its debt and inject cash from investors including Atos' banks and its largest shareholder Onepoint
Tassilo Hummel / Reuters :
France makes a non-binding offer to buy some of Atos' operations, including its supercomputer and cyber products, for €700M to €1B, as Atos seeks to raise €1.7B
Bloomberg :
Atos, the main cybersecurity provider to the 2024 Olympics, secures €450M in interim financing to stay afloat, including a €50M loan from the French Government
PARIS — When Atos called for help, France just couldn't say no. — The IT company, vital to France's staging …
Airbus ends talks with Atos on a deal worth up to €1.8B for its big data and security unit, imperiling efforts by Atos to avoid going into debt restructuring
Decision adds pressure on indebted French IT services company — Airbus has walked away from talks with Atos over a potential deal …
French IT group Atos has entered talks with its banks to refinance its debt, and says conditions for a planned €720M rights issue are “no longer applicable”
Following the update made on January 3, 2024, Atos SE ("Atos" or the … Financial Times : Atos shares plunge after IT group cancels rights issue and starts debt talks The Stack : As French bureaucrats ...
French IT group Atos names Paul Saleh as CEO, its fourth in under two years, and forecasts H2 2024 cash flow below targets; stock drops 12%+, down ~40% in 2024
French technology company Atos (ATOS.PA) named Paul Saleh as its new chief executive on Monday and warned that free cash flow …