Atos Debt Plan Gets Court Approval Ahead of Creditor Takeover
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Atos SE said a French commercial court approved its financial restructuring plan, paving the way for creditors to take control of the troubled French IT company in the coming months.
Under the plan, Atos will receive about €1.5 billion to €1.7 billion ($1.6 billion to $1.8 billion) of new money by the beginning of 2025 to help fund its restructuring, the company said in its earnings statement on Thursday.