Atos deal to sell its legacy service business falls through

The group announced that it wanted to talk to the banks about refinancing and debt restructuring. The sale of the Big Data & Security (BDS) division to Airbus, which has been under negotiation for several months, could provide relief. On his departure, Bernaert spoke openly about differences of...

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Bibliographic Details
Published in:CIO 2024-02
Format: Article
Language:English
Subjects:
Defense contracts
Infrastructure
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Summary:The group announced that it wanted to talk to the banks about refinancing and debt restructuring. The sale of the Big Data & Security (BDS) division to Airbus, which has been under negotiation for several months, could provide relief. On his departure, Bernaert spoke openly about differences of opinion between him and the Executive Board about “the way in which the strategy should be adapted and implemented”. Atos is delaying announcing its full results until March 20, as its auditors need additional time to review an independent business review report and complete their audit of non-cash goodwill impairment charges.
ISSN:0894-9301