The French 🇫🇷 state has made a takeover bid for parts of the struggling IT company Atos $ATO (+0%) 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
