Atos reaches deal with creditors on debt restructure terms.

The restructuring plan involves a 233-million-euro ($250 million) contribution via a capital increase with preferential subscription rights.

About 2.8 billion euros of Atos' debt will be turned into equity, bringing the total amount of converted debt to 2.9 billion euros. That will reduce Atos' net indebtedness by around 3.1 billion euros.

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It means nothing just barely scrapping by till a management overhaul is done people at the top responsible for this mess are kicked things wont change, Atos wont change things but expects change. Onepoint went away because Atos totally failed in restructuring , it is at all time low still refuses to change. Banking upon that French gov will help them. But what will happen with non french employees is big question. we will soon have a open house sale.. raste ka maal saste me

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We are loosing long standing clients and projects daily, not getting invited to bids

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What it means to employees who are working in company?

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They'll still have a job for several more months.

Bach gayi company, middle management ki balle balle..

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