French IT company Atos seeks €1.2B in cash and loans, aiming to cut debt by €2.4B by 2026.
French IT company Atos seeks €1.2B in cash and loans, aiming to cut debt by €2.4B by 2026. Atos is seeking €600M in cash and another €600M in credit lines and loan guarantees to fund its business through 2025. The company's debt stands at €4.7B, with €3.65B due by the end of next year. Talks to sell parts of its business to Czech billionaire Daniel Kretinsky's EPEI and Airbus SE have failed.
April 08, 2024
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