Let's see if that works out 🥹 $ATO (+4,76 %)
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62Sem.·
The French 🇫🇷 state has made a takeover bid for parts of the struggling IT company Atos
$ATO (+4,76 %) in particular for the supercomputingwhich is valued at approx. 500 million euros.
Finance Minister Antoine Armand called the talks a decisive step towards restructuring.
Atos is struggling with management problems and strategic mistakes.
Particularly affected is the cyber security division BDS with around 4,000 employees.
Following a financing package, the company is to be relieved of debt, with creditors receiving up to 99 percent of the company. -Handelsblatt
Photo: Atos
6Mo·
Any thoughts on $ATO (+4,76 %) as potentional turnaround stock?
22
4 CommentairesLooks more than dead💀
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