Atos : Negative update of the parameters of the financial restructuring but French state wants to buy sovereign assets at a good price
>Update of the parameters of the financial restructuring framework - Atos just released this morning a press release presenting the updated parameter of its restructuring framework. The main changes are the following:i/ € 1.1bn of cash needed to fund the business over the 2024-2025 period compared with € 600m previously. Funds to be provided in the form of debt and/or equity by existing stakeholders or third-party investors;ii/ gross debt reduction of € 3.2b...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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