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The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte, near Paris, France June 13, 2022. Mustier, credited with restoring UniCredit's capital strength, will be tasked to revive investors' trust after a governance crisis and a series of setbacks pummelled Atos' shares, now trading at near record lows. Atos shares jumped by more than 20% in early Paris trading but reversed course in the morning. The planned sale of Atos's loss-making legacy IT operations, dubbed Tech Foundations, to Kretinsky is opposed by some minority shareholders and several French politicians. Atos on Monday reiterated the plan to sell Tech Foundations to Kretinsky under the terms announced in August, although it signalled some of the financial terms could change.

Persons: Benoit Tessier, Bertrand Meunier, Kretinsky, Jean, Pierre Mustier, Daniel Kretinksy, Atos, Mustier, pummelled Atos, Kretinsky's, Mathieu Rosemain, Pierre John Felcenloben, Christian Schmollinger, Navaratnam, Louise Heavens Organizations: REUTERS, Tech Foundations, Tech, Atos, Kretinsky, Thomson Locations: Villepinte, Paris, France, Czech, Kretinsky, Eviden, French, Atos

☆ French lawmakers raise strategic concerns over Atos sale to Kretinsky
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. REUTERS/Stephane Mahe/File PhotoPARIS, Aug 3 (Reuters) - Talks to sell parts of French company Atos (ATOS.PA) to Czech billionaire Daniel Kretinsky are raising concerns among some French lawmakers, who say the deal risks undermining the independence of France's nuclear deterrence. Lawmakers cannot block a sale of a French company, only the government can if it considers there is a strategic reason for doing so. The lawmakers questioned why an alternative French buyer, a consortium of French companies Astek and ChapsVision, who were reported in French media to have been interested, were not given more consideration. A source close to Astek said Atos's cybersecurity business also hosted other sensitive assets crucial to French intelligence interests.

Persons: Stephane Mahe, Daniel Kretinsky, Atos, Thursday's, Figaro, Cedric Perrin, Kretinsky, Perrin, Astek, Atos's, Michel Rose, Mathieu Rosemain, Sharon Singleton Organizations: REUTERS, Les, Kretinsky, Casino, Reuters, Thomson Locations: Nantes, France, Czech, Europe

Atos also said on Tuesday that it plans a 900 million-euro share sale to further shore up its balance sheet. The company said 180 million euros of the shares in the capital raise would be reserved for EPEI, giving it a 7.5% stake in Eviden. The sale of the remaining 720 million euros of new shares will be underwritten by BNP Paribas and JP Morgan, the company said. The expected sale would bring in 100 million euros in cash and cut 1.9 billion euros worth of liabilities from the tech company's balance sheet, Atos said. The sale gives an enterprise value of 2 billion euros to the sold division, which generated 4.5 billion euros of core revenue last year and employs 52,000 people.

Persons: Daniel Kretinsky, Atos, JP Morgan, Nathalie Senechault, Paul Saleh, Mathieu Rosemain, Sudip Kar, Edmund Klamann, Sharon Singleton Organizations: PARIS, Casino, Tech Foundations, Equity Investment, BNP, Thomson Locations: Czech, Europe, France, Eviden

☆ Atos lifts sales target, expands divestment plan
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of French IT consulting firm Atos is seen on its new supercomputer BullSequana XH3000 during a news conference in Paris, France, February 16, 2022. REUTERS/Sarah MeyssonnierJuly 28 (Reuters) - France's Atos (ATOS.PA) raised its annual organic revenue target on Friday, pointing to improving commercial traction and high demand, and said it planned further divestments. Atos expects to achieve the initial divestment target by the end of 2023, when the sale of its sustainability consultancy unit Ecoact to Schneider Electric (SCHN.PA) is completed. "We have already received signals of interest for assets we've identified in our supplementary divestment plan," Senior Executive Vice President Diane Galbe said in a call with journalists. Atos's revenue for the six months through June was 5.5 billion euros ($6 billion), slightly below the 5.57 billion euros expected by analysts polled by Refinitiv Eikon.

Persons: Atos, Sarah Meyssonnier, Ecoact, Diane Galbe, Refinitiv Eikon, Victor Goury, Milla Nissi Organizations: REUTERS, Schneider Electric, Thomson Locations: Paris, France, Laffont, Gdansk

☆ Thales cyber push meets investor shoulder shrug
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 25 (Reuters Breakingviews) - France's Thales (TCFP.PA) is doubling down on cybersecurity with its $3.6 billion purchase of U.S. firm Imperva. Thales's boss Patrice Caine briefly considered buying Atos's (ATOS.PA) cybersecurity arm last year, but didn’t go through with it. The purchase values the Thoma Bravo-backed group at 17 times forecast 2024 operating profit, according to Thales. Meanwhile Caine’s push into the racy cyber sector doesn’t seem to register in the group’s valuation. That means investors are sceptical that Thales’s efforts to crack the war against hacking will work out for shareholders.

Persons: Patrice Caine, Thoma, Caine’s, Refinitiv Datastream, Pamela Barbaglia, Liam Proud, Streisand Neto Organizations: Reuters, Thales, Thoma Bravo, BAE Systems, Twitter, Thomson Locations: U.S, Spain

☆ Airbus interested in minority share in Atos's Evidian - Les Echos
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +1 min

PARIS, Jan 2 (Reuters) - Shares in French IT group Atos rallied on Monday, after newspaper Les Echos reported Airbus (AIR.PA) had started "exploratory talks" to take a minority share in the firm's cybersecurity unit, citing unnamed sources. Atos said that as part of its strategic plan, "the company had initiated exploratory discussions with potential future minority shareholders in the scope of activities grouped under the name of Evidian". Atos shares, which lost more than half of their value last year, rose around 7% in early Paris trade on Monday. "These discussions are not sufficiently advanced to allow any further comment", Atos said. Writing by Ingrid Melander and Tassilo Hummel; Editing by Bradley Perrett, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

[1/2] A logo for Amazon Web Services (AWS) is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris HelgrenNov 30 (Reuters) - French IT consulting firm Atos (ATOS.PA) is making Amazon.com's (AMZN.O) cloud services division its preferred partner for migrating its clients' workloads to the cloud, it said on Wednesday. The enhanced partnership will allow Amazon Web Services (AWS), the world's number one cloud computing services provider, access to more than 800 of Atos' infrastructures services customers globally and lead to the training of 20,000 employees on AWS' technology at Atos. The AWS-Atos partnership will allow Atos' customers with large infrastructure outsourcing contracts to quicken their workload migrations to the cloud, Atos said in its statement. Atos said it would consult with over 800 customers to offer a new hybrid cloud service with the option to move selected workloads to AWS.

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