Atos gets non-binding confirmatory offer from French state
Says enterprise value of offer 700 mln eur (Il Sole 24 Ore Radiocor) - Paris, 14 Jun - Troubled French information technology group Atos said it has received a non-binding confirmatory offer letter from the French state for the potential acquisition of the Advanced Computing, Mission-Critical Systems and Cybersecurity Products businesses of its Big Data & Cybersecurity (BDS) division.
The enterprise value of the offer is 700 million euros.
"The Atos' Board of Directors, under the aegis of the Conciliator Maitre Helene Bourbouloux, and the Company's management will discuss this proposal with the French State, noting that no assurances can be made that the parties will successfully negotiate and enter into a definitive agreement," it said.
It added that its objective continues to be to reach a definitive financial restructuring agreement with the Onepoint consortium and its financial creditors, which will then be implemented through a dedicated accelerated procedure2 by July 2024.
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(RADIOCOR) 14-06-24 08:07:45 (0092) 5 NNNN