France’s finance ministry says it will find a national solution to protect the strategic activities of Atos after Airbus walked away from talks to buy its big data and cyber security business. https://t.co/tvphWblHQ2
Atos shares sink as Airbus ends talks to buy BDS cybersecurity arm https://t.co/fS7V6I7CA8 https://t.co/D7afuWvRvj
France’s finance ministry says it will find a national solution to protect the strategic activities of Atos after Airbus walked away from talks to buy its big data and cyber security business. https://t.co/bWDoB3SMFe
Airbus has terminated discussions with Atos regarding the acquisition of its BDS cybersecurity unit, a deal that was valued at approximately ~€1.8 billion. This decision has led to a significant drop in Atos shares. The termination of these talks also jeopardizes Atos's efforts to avoid debt restructuring. In response to the breakdown of negotiations, France's finance ministry has announced its intention to seek a national solution to safeguard the strategic operations of Atos's big data and cybersecurity business.