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Atos' race against time for survival

2024-02-05T19:20:25.266Z

Highlights: Atos' race against time for survival. The group asks Hélène Bourbouloux to help it negotiate with its creditors. Talks for asset sales complicate the situation. Will Jean-Pierre Mustier manage to turn things around before Atos hits the iceberg? The renegotiation of the conditions of the sale of the outsourcing activity of Atos (Tech Foundations) to the billionaire Daniel Kretinsky remains as complicated as ever. The discussions with a view to… You have 92% left to discover. Flash sale -70% on digital subscription.


STORY - Loaded with 5 billion in debt, the group asks Hélène Bourbouloux to help it negotiate with its creditors. Talks for asset sales complicate the situation.


Will Jean-Pierre Mustier manage to turn things around before Atos hits the iceberg?

Propelled in mid-October to chair the board of directors of the French flagship in danger, the captain of the ship is more than ever at the heart of the storm.

The group experienced another disastrous day on the stock market this Monday: at the close, the stock dropped 29%, after the announcement of a request to the Pontoise commercial court for the appointment of an ad hoc agent in order to to help it discuss debt refinancing with the banks.

Colossal, this reaches 5 billion euros, including 3.65 billion maturing at the end of 2025.

Another black Monday, and a bitter observation for the ex-banker: Jean-Pierre Mustier must face a combination of headwinds.

The renegotiation of the conditions of the sale of the outsourcing activity of Atos (Tech Foundations) to the billionaire Daniel Kretinsky remains as complicated as ever, the discussions with a view to…

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Source: lefigaro

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