Atos needs more funds for refinancing amid poor Q1
Briefly

Earlier this month, the company aimed to have refinancing proposals ready by April 26, but this has now been postponed to May 3 to allow stakeholders time to incorporate new information, with July still the final target date to reach an agreement.
Implementation of €450 million in interim financing is also in progress.
Revenue down 2.6 percent from a year ago attributed to 'continued softness' in the UK and Americas for Eviden and a 'lower scope of work with certain clients' for Tech Foundations.
Atos Group CEO Paul Saleh said, 'Tech Foundations and Digital are executing on their transformation plans. Business was nonetheless impacted by softer market conditions in key regions.'
Read at Theregister
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