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.