France moves to acquire key activities of tech giant Atos

Atos, which runs supercomputers for France's nuclear deterrent, holds contracts with the French army and is the IT partner for this year's Paris Olympics, is sagging under almost five billion euros of debt.

Le Maire told television channel LCI that he had sent a letter of intent, a non-binding action, this weekend"with a view to acquiring all the sovereign activities of Atos".This would avoid strategic activities"falling under the ownership of foreign actors", he added.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Absa appoints new finance directorDeon Raju, who has been with the bank since 1999, starts in the role immediately.
Source: Moneyweb - 🏆 5. / 77 Read more »

Mzansi Slams Mantashe After Claiming Shivambu As Finance Minster Is a Recipe for LootingThe ANC national chairperson, Gwede Mantashe has rejected EFF deputy president Floyd Shivambu's endorsement as finance minister, but South Africans disagree.
Source: brieflyza - 🏆 10. / 68 Read more »

30 years of democracy — UDF activist Réjane Woodroffe left high finance for critical social upliftmentAnti-apartheid activist Réjane Woodroffe went from the UDF into financial services before founding the Bulungula Incubator.
Source: dailymaverick - 🏆 3. / 84 Read more »

EFF’s Shivambu as finance minister is ‘formula for looting’Gwede Mantashe stated that in areas where he holds influence, he would never approve Floyd Shivambu as minister of finance.
Source: TheSAnews - 🏆 25. / 59 Read more »

Senior Business Analyst - (Finance) at Ntice Search - Western Cape Cape TownIT Industry News. Daily.
Source: ITOnlineSA - 🏆 16. / 63 Read more »

Senior Business Analyst - (Finance) at Ntice SearchIT Industry News. Daily.
Source: ITOnlineSA - 🏆 16. / 63 Read more »