Atos: Still aiming for deal with French state on strategic assets as initial offer expires

Quick Summary:

PARIS : Cash-strapped IT firm Atos said on Monday it was still aiming to reach a deal with the French state on the sale of its most strategic activities such as cybersecurity and super-computing after the government's initial offer had expired.

The French government's initial offer was part of a concerted effort to retain control over strategic technology assets within the country.

FILE PHOTO: A view of the logo of French IT consulting firm Atos on a company's building in Nantes, France, April 22, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: State Restructuring French Atos Firm 2024 April Strategic Deal Offer Sale

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 15:00:36 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22919634

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