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...The largest shareholder of French IT services company Atos has called for a renegotiation of the terms of a planned deal to sell some of its struggling assets to Czech billionaire Daniel Křetínský....
...Airbus has walked away from talks with Atos over a potential deal to buy its prized data and security business, imperilling efforts by the French IT services company to avoid going into debt restructuring...
...Highly indebted French IT services company Atos said it needs €600mn in cash between now and 2025 as it rushes to lay out its financing needs to investors....
...Highly indebted French IT services company Atos has struck a deal with the French state and some of its creditors for €450mn in interim loans as it rushes to secure an agreement to restructure and recapitalise...
...Negotiations between highly indebted IT services company Atos and its lenders are hanging in the balance after one of its biggest creditors, Crédit Agricole, signalled it wanted to walk away....
...Czech billionaire Daniel Křetínský has ended talks to buy the loss-making part of struggling French IT services group Atos as the indebted company tries to restructure....
...Airbus is working on an offer worth up to €1.8bn for Atos’s prized big data and cyber security unit, as the French IT services company seeks to restructure and cut its debt load....
...Heavily indebted French IT services company Atos is aiming to reach an agreement on a debt restructuring plan with its creditors by July, as net losses for 2023 more than tripled on the year before....
...French IT services company Atos is to enter talks with creditors after saying it can no longer go through with a €720mn equity fundraising that was destined to shore up its balance sheet....
...Atos is renegotiating the terms of a deal with Czech billionaire Daniel Křetínský to buy the French group’s lossmaking IT services business Tech Foundations as it seeks to raise funds to service its debt...
...The chair of problem-plagued French IT services group Atos Bertrand Meunier is set to step down, throwing the restructuring and asset sale plan he had championed into uncertainty, according to people familiar...
...“It’s hard to look past Tom Ford for the perfect classic V-neck that will last you for ever,” he explains....
...Troubled French IT services group Atos has reopened negotiations on a deal to cede its lossmaking legacy business to Czech billionaire Daniel Křetínský....
...Former UniCredit chief executive Jean Pierre Mustier has been appointed chair of indebted French IT services group Atos following the departure of Bertrand Meunier....
...Heavily indebted French IT services company Atos has appointed a mediator to oversee debt refinancing talks with its bank creditors....
...Airbus has made an indicative offer worth up to €1.8bn for the cyber security business of Atos, as the French IT services group seeks to reduce its debt burden....
...Why not, some mused, force banks to mark everything to market and be done with it? Seductive as it sounds, this may not be the best solution. Banks are in the business of maturity “transformation”....
...Sales at indebted French IT services group Atos fell in the third quarter, weighed down by the performance of its legacy business ahead of a controversial plan to split the group next year....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...That applies to the intervention of Daniel Křetínský at French IT group Atos....
...“Is it a response to the pandemic? Or will there be a lasting impact?”...
...No one does corporate drama quite like the French French IT services group Atos has been in a slow-motion crisis for a few years now as its business is disrupted by cloud computing and it churned through...
...Created in the 1990s, Atos provided digital services to companies in the early internet years....
...Storm Pia hit northern parts of the UK the hardest, bringing down trees and leading to disruption on the roads and to other rail services....
...Saying something and doing it can mean two different things,” he said, adding that in reality managers took a long time to come to market in Europe....
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