Airbus abandons talks to buy Atos' BDS cybersecurity unit, causing Atos shares to plummet.
Airbus has ended talks to buy the BDS cybersecurity unit of France's Atos, causing Atos shares to plunge by over 20%. This is the second time in a year that Airbus has abandoned plans to acquire assets from debt-laden Atos, leading to increased pressure on Atos, which has experienced profit warnings, CEO changes, and another potential asset sale collapse. Atos' shares fell to an all-time low following the announcement.
March 19, 2024
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