Butler Industries joins Onepoint in Atos rescue consortium By Reuters
From Investing.com: 2024-04-07 15:25:27
Butler Industries joins a consortium to rescue struggling IT consulting firm Atos, with Onepoint holding 11.4% of Atos and ready to invest in capital restructuring. The goal is to make Atos the European leader in digital, cybersecurity, artificial intelligence, and cloud operations. Atos, facing $5 billion in debt, will meet with creditors on April 8 for debt restructuring. France aims to keep Atos’ cybersecurity assets, vital for the upcoming Paris Olympics, under French control.
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