Atos staves off bankruptcy, casts wider net for refinancing
CIO Business Intelligence
APRIL 9, 2024
In search of a quick fix for the debt problem, the company has spent much of the past two years preparing to spin off its legacy infrastructure management activities as a separate business, Tech Foundations, much as IBM spun out Kyndryl. In 2023, the company made a net loss of €3.4 Another project to raise €1.8 billion in 2022.
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