Deals
Atos Offers $844 Million to Buy Bull in Cybersecurity Push
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Atos of France offered to buy rival Bull for about 620 million euros ($844 million), underscoring demand for cybersecurity and cloud-computing services.
Atos is bidding 4.90 euros a share in cash, 22 percent more than Bull’s May 23 closing price, the companies said today. Bull shares jumped to 4.89 euros in Paris trading, and Atos rose 6.2 percent. The offer is recommended by both companies’ boards and owners of about 24.2 percent of Bull’s shares have agreed to tender their stock, Atos said.