Airbus and Atos have opened a due diligence phase for the potential sale of Atos’ big data and security (BDS) business. Airbus has expressed a non-binding interest in the unit with its indicative offer of an enterprise value between €1.5 and €1.8 billion ($1.6 and $1.9 billion). The sale would help reduce Atos’ debts and is considering the disposal of other assets to meet its financial maturities. Atos said in a market update: “among the various potential divestments, the sale of BDS would be a key factor, and would maintain the strategic interest of the remaining activities.”
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.