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French IT group Atos wins 150 million pound contract with UK government
French IT group Atos has won a five-year contract worth 150 million pounds ($193.5 million) with Britain's Department for Environment, Food and Rural Affairs, the company said on Wednesday.
France's Atos to launch reverse stock split on March 25
Atos said on Friday it is launching a reverse stock split as the French IT group aims to restore investor confidence after completing a financial restructuring plan last year to overcome a crushing debt crisis.
French IT group Atos misses revenue forecast on contract terminations, soft market
Atos missed its annual revenue forecast on Wednesday, dented by contract terminations and market weakness, but saw improved order intake following a restructuring plan that restored client confidence and averted financial collapse.
Atos receives offer from French state for its advanced computing activities
French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), the group said in a press release.
Atos Launches $252 Million Capital Increase
The troubled IT firm said it would issue new shares in its latest move to reduce debt.
French IT firm Atos agrees to sell Worldgrid unit to Alten
Atos said on Tuesday it had signed an agreement to sell its Worldgrid business unit to Alten for 270 million euros ($293.7 million) on an enterprise value basis, in a transaction expected to close before end-2024.
France steps up efforts at examining how to protect struggling IT company Atos
France stepped up efforts on Friday to protect Atos , the country's struggling and debt-ridden software company which is undergoing a restructuring.
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.
France's Atos posts Q3 revenue fall on softer market conditions
Struggling French IT firm Atos reported a 4.4% organic drop in third-quarter revenue on Thursday, owing to softer market conditions, in line with its latest forecasts.
Atos appoints Philippe Salle as new chairman and CEO
French IT company Atos said on Tuesday that Philippe Salle will become its new chairman with immediate effect while also taking over as chief executive from February.
Atos: Still aiming for deal with French state on strategic assets as initial offer expires
Cash-strapped IT firm Atos said on Monday it was still aiming to reach a deal with the French state on the sale of its most strategic activities such as cybersecurity and super-computing after the government's initial offer had expired.
Atos creditors, shareholders approve draft accelerated safeguard plan
French IT firm Atos received vote approval from more than the required two-thirds of its shareholders and creditors to proceed with a proposed accelerated safeguard plan, the company said on Friday.
