Report
Andrew Lange
EUR 101.80 For Business Accounts Only

Atos Pulls out of Gemalto Bid With Thales Emerging as Rival Bidder

Following Atos’ unsolicited proposal to acquire Gemalto for EUR 4.3 billion, the company has subsequently decided not to pursue the acquisition after Thales emerged as a rival bidder. Atos had proposed to buy Gemalto for EUR 46 per share. However, Thales came in over the top with a bid at EUR 51 (an 11% premium to Atos’ bid). As a result, Atos said it would stand by its financial discipline and leave the pursuit of Gemalto. Should for any reason the Thales and Gemalto deal fall through, Atos wou...
Underlying
Atos SE

Atos is an international information technology services company operating in 52 countries. Co.'s customers are sectors like Public Sector and Utilities, Telecoms and Media, Financial Services, Process Industries and Discrete Manufacturing and Consumer Products and Retail. Co. operates in seven geographical segments: Germany; France; Benelux and The Nordics; U.K. and Ireland; Atos Worldline; Central & Eastern Europe; North America; Iberia; and Other Countries. Co. delivers IT services through the following five segments: Managed Services, Systems Integration, Consulting, Worldline: ePayment Services, and Cloud & Enterprise Software.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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