Atos and the French government cannot complete a deal in time
- October 7, 2024
- 0
The deadline for the deal between Atos and the French government has passed. Atos has a new proposal ready. A few months ago, the French government made a
The deadline for the deal between Atos and the French government has passed. Atos has a new proposal ready.
A few months ago, the French government made a proposal to Atos to take over BDS activities. The French technology group has billions in debt. A specific offer of $700 million was made. Atos is reportedly considering this, but so far no agreement has been reached. After the deadline for the deal has passed, the French company has announced that it still wants to continue negotiations.
Missed lifeline
Atos was one of the most important technology companies in France and Europe and was also active in Belgium. In recent months, the company has experienced financial setbacks and sought investors to stay afloat. For a while, Onepoint’s offer seemed to save the situation, but was ultimately scrapped.
The French government offered Atos a lifeline a few months ago. The IT company is an important supplier to the army and the secret services. The national importance for France should therefore not be underestimated. Atos was free to decide whether he wanted to subscribe or not. A few months have now passed and no agreement has yet been reached.
Although the deadline has passed, the French company has announced that it wants to continue negotiations. The company is said to have even developed a new proposal.
Source: IT Daily
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