Atos mulls asset sales, moves to modify terms of Tech Foundations sale
Atos said on Tuesday it was considering further asset sales to address its capital raising plan and debt maturing in 2025, and was in talks to modify the terms of a deal to sell its Tech Foundations business to Czech billionaire Daniel Kretinsky. The IT service provider said it was considering accessing capital markets and the sale of additional assets to tackle the capital raising plan, a 1.5 billion euro term loan maturing in January 2025, and 750 million euros in bonds maturing May 2025. It is also in advanced negotiations with Kretinsky's EP Equity Investment (EPEI) vehicle to "...
Source: yahoo.com