French IT services giant Atos is grappling with a deepening crisis (Business Opportunities - Other Business Ads)

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French IT services giant Atos is grappling with a deepening crisis


French IT services giant Atos is grappling with a deepening crisis as its main shareholder, Onepoint, pulls out of a critical rescue proposal. The plan aimed to convert €2.9bn of Atos debt into equity and inject €250mn to stabilise the company, but the conditions for a viable agreement weren't met, Onepoint stated. This setback comes amid Atos' struggle with a hefty €4.8bn debt load, multiple CEO changes, and a sharp decline in its stock value (down 12% recently).

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Target Nation: All Nations
Target City : Norwich
Last Update : 30 July 2024 7:43 AM
Number of Views: 31
Item  Owner  : Jamie Playford
Contact Email:
Contact Phone: 08002465895

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2024-11-24 (0.223 sec)