Airbus and Atos have opened a due diligence phase for the potential sale of Atos’ big data and security (BDS) business.
Airbus has expressed a non-binding interest in the unit with its indicative offer of an enterprise value between €1.5 and €1.8 billion ($1.6 and $1.9 billion).
The sale would help reduce Atos’ debts and is considering the disposal of other assets to meet its financial maturities. Atos said in a market update: “among the various potential divestments, the sale of BDS would be a key factor, and would maintain the strategic interest of the remaining activities.”