By Adria CalatayudAtos said it has requested the appointment of an independent third party to assist it in talks with banks to refinance its debt. The French IT group said Monday that the request followed initial discussions with banks. The appointment of a so-called mandataire ad hoc aims to find an appropriate financial solution as soon as possible and focuses only on the company's debt, with no impact on employees, customers and suppliers, Atos said.

Source: Wall Street Journal February 05, 2024 11:23 UTC