Airbus SE (AIR)

Index:

CAC 40

  140.16
   
  • Change Today:
     0.42
  • 52 Week High:  171.60
  • 52 Week Low:  126.34
  • Currency: Euro
  • Shares Issued: 788.21m
  • Volume: 1,995,324
  • Market Cap:  110,475m
  • Beta: 1.05

Airbus in talks to buy Atos cyber unit for up to €1.8bn

By Benjamin Chiou

Date: Wednesday 03 Jan 2024

LONDON (ShareCast) - (Sharecast News) - French aerospace giant Airbus is in early discussions to purchase a big data and cyber business from Atos for up to €1.8bn, the IT group announced on Wednesday.
Airbus had previously attempted to buy a minority stake in the Atos division Eviden, which houses the BDS unit in question along with its cloud-computing activities, but the deal faced investor obstacles.

Atos has now confirmed that Airbus is entering due diligence over a potential sale of BDS that gives it an enterprise value of between €1.5bn to €1.8bn.

Airbus is wanting to beef up its defence and security operations, while Atos is looking for help to cut its debtload with €2.25bn maturing in 2025.

Separately, Atos said it is still in talks with EP Equity Investment to offload its Tech Foundations unit and hasn't ruled out any other additional disposals.

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Airbus SE Market Data

Currency Euro
Share Price   140.16
Change Today   0.42
% Change 0.30 %
52 Week High  171.60
52 Week Low  126.34
Volume 1,995,324
Shares Issued 788.21m
Market Cap  110,475m
Beta 1.05

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