#debt-restructuring

#debt-restructuring

Atos announced on Wednesday that it expects revenue of €8 billion in 2025, in line with previous forecasts. The organic revenue decline will be 13.8 percent. The French IT company continues to struggle with contract losses, but CEO Philippe Salle sees customer confidence gradually returning. The company, once considered a crown jewel of the European tech sector, emerged from a major debt restructuring at the end of 2024. That restructuring reduced its debt burden by €2.1 billion.

The weight of mounting debts, unmanageable cash flow issues, and the pressure from creditors can quickly lead a company to the brink of liquidation. However, insolvency and business recovery processes, when handled properly, can offer a lifeline to businesses in distress. One such company that specializes in these services is BABR (Bailey Ahmad Business Recovery), which provides essential strategies and expert guidance to help businesses navigate the complex waters of financial recovery and avoid the often devastating consequences of liquidation.

Three of France's main telecom groups have lodged a joint bid for SFR, a debt-laden rival struggling to keep up in an increasingly competitive market. Orange, Iliad and Bouygues Telecom said they would split the bulk of SFR's assets among themselves in an offer valuing them at €17 billion. The firms have made no secret of their interest since SFR's parent company Altice had to restructure its €24 billion debt load with creditors earlier this year.

Chapter 11 can be filed by either the debtor themselves, whoever or whatever owns the restaurant, or be filed by the company's creditors. In either case, it gives a business breathing room to restructure its debts. This can take different forms, including negotiating with creditors, closing under-performing locations, and selling off assets, which may then put it in better financial shape to meet its debt obligations. During this time, the business can continue operating, too.