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France's Atos cuts financial targets but says restructuring still on track
French IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business environment, but added this would not impact the key terms of its financial restructuring plan.
Olympics tech partner Atos posts huge loss
Debt-strapped French tech giant Atos, a key Olympics partner, on Thursday posted a 1.9-billion-euro ($2.1 billion) loss for the first half of the year due to a depreciation of assets and the end of contracts in the Americas.
Atos H1 operating loss widens to 1.70 billion euros
French tech company Atos on Thursday said its operating loss widened in the first half of 2024 due to an impairment charge and both of its main business units reporting lower sales on soft demand in the Americas and parts of Europe.
Atos appoints chairman Mustier as CEO
French technology company Atos on Wednesday said it would appoint Chairman Jean Pierre Mustier as CEO to replace the departing Paul Saleh.
Atos secures funding of $1.82 billion to restructure its debt
French IT company Atos said on Monday it had secured funding of 1.675 billion euros ($1.82 billion) to restructure its debt through a lock-up agreement with a group of banks and bondholders, accounting for more than 50% of its creditors.
Atos says secures short-term funding through syndication agreements
French technology company Atos said on Friday it had successfully secured short-term financing via two tranches of loans from creditors, adding it still expected to reach a final restructuring agreement this month.
Atos reaches deal in principle with creditors on restructuring, says media report
French technology company Atos (ATOS.PA) reached an agreement in principle with its creditors overnight to restructure its debt, French business newspaper Les Echos said on Sunday.
Onepoint withdraws from Atos restructuring talks, Kretinsky wants to rejoin
French technology firm Atos said on Wednesday a consortium led by investor David Layani's Onepoint had withdrawn from discussions on its restructuring, but that it still planned to reach a definitive agreement by July.
France makes 700-mn-euro offer for Atos security units
Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.
France's Atos to sell Worldgrid unit to Alten for about $290 mln
Debt-laden French tech group Atos said on Tuesday it has entered exclusive negotiations for selling its Worldgrid unit for an enterprise value of 270 million euros ($289.93 million) to engineering consulting group Alten.
French IT firm Atos falls 12%, faces major share dilution after selecting rescue deal
Shares in beleaguered French IT company Atos fell close to 12% on Tuesday. The firm said it had chosen a rescue deal proposed by key shareholder David Layani, which is set to result in a major dilution of existing shareholders.
French tech group Atos picks Onepoint's rescue bid
Struggling French tech group Atos, an Olympics partner and key French defense contractor, said Tuesday it had chosen a takeover offer by a consortium led by its top shareholder Onepoint.
