Atos Boosts Cash Needs to €1.7 Billion, Seeks to Cut More Debt

Atos Boosts Cash Needs to €1.7 Billion, Seeks to Cut More DebtAsian Markets Eye Positive Open, Tech in Focus: Markets WrapPhilips Settles US Sleep Apnea Claims for $1.

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Atos Seeks €1.2 Billion in Cash and Loans in Restructuring OfferThe embattled French IT company Atos SE is seeking €600 million ($651 million) in cash and another €600 million in credit lines and loan guarantees to fund the business through 2025, according to a restructuring plan presented to creditors.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Atos to Seek More Cash, Delays Deadline for Creditor ProposalsAtos SE said it is seeking more cash to finance its business and might need to further reduce its debt, as the embattled French IT company delayed a deadline it set for proposals from its creditors and banks to finance a rescue plan.
Source: BNNBloomberg - 🏆 83. / 50 Read more »