Atos is in talks with bondholders and banks after a consortium that included shareholder Onepoint withdrew its rescue proposal, the latest setback for the struggling French IT firm as it seeks to turn around its finances.
Related Posts
Auto & Transport Roundup: Market Talk
Find insight on Mercedes-Benz, Frontier Airlines, BMW and more in the latest Market Talks covering the Auto and Transport sector.
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era employee retention tax credit, and to maintain a moratorium […]
Verizon’s Takeover of Frontier Set to Clear Shareholder Vote
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.