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, with reports indicating a 20%+ decrease, and has raised concerns over the company's financial stability, potentially pushing it towards debt restructuring. In response to the collapsed deal, France's finance ministry has announced plans to find a national solution to safeguard Atos's strategic activities, particularly its big data and cybersecurity business, which includes managing sensitive nuclear data. The French government has begun work on this initiative, highlighting the importance of Atos's operations to national security.
France begins work on "a national solution" to protect IT giant Atos, which manages nuclear data and cybersecurity, after Airbus talks failed; https://t.co/GfJikSLUL7 drops 20%+ (@lizalderman / New York Times) https://t.co/IppifDvgCR https://t.co/8mfDgydt1w
France to shield Atos cybersecurity assets after Airbus abandons deal https://t.co/ZkELKqidoW https://t.co/zMAIVFbEJ8
Airbus Calls Off Planned Acquisition of Atos Cybersecurity Group: https://t.co/28mV7btTBn by darkreading #infosec #cybersecurity #technology #news
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 ends talks with Atos on a deal worth ~€1.8B for its big data and security unit, imperiling efforts by Atos to avoid going into debt restructuring (Financial Times) https://t.co/T3hL4pRSsA 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/GXKIaYftbs
Airbus ends talks with Atos on deal for big data and security unit https://t.co/K5aC9yTuki
Atos says Airbus flew off, no longer interested in infosec and big data biz https://t.co/av1ojSQtkW
Atos shares sink as Airbus ends talks to buy BDS cybersecurity arm https://t.co/JA9bWn52s4 https://t.co/atuQsPB2K3
Atos says Airbus ends discussions over BDS cybersecurity unit sale https://t.co/VznvgM7Juf https://t.co/X2qEOiAPce