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French IT services company Atos has announced that a €1.675 billion (an estimated US$1.8 billion) financial restructuring plan could be in place soon, after it acquired funding to cover the initiative and reached a Lock-up Agreement with a group of banks and bondholders. In a release issued yesterday, Paul Saleh, Atos CEO, said the moves put “us a step closer to filing the plan with the Tribunal of commerce by the end of July as originally targeted. We have also secured near-term liquidity for the company as well as long-term financing necessary to fund the business. With this plan, Atos will …

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