French IT firm Atos agrees to sell Worldgrid unit to Alten
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French IT company Atos has agreed to sell its Worldgrid unit to Alten for 270 million euros. The transaction is expected to close by the end of 2024.
November 05, 2024 | 12:30 pm
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Atos is selling its Worldgrid unit to Alten for 270 million euros, with the deal expected to close by the end of 2024. This divestment could streamline Atos' operations and potentially improve its financial position.
The sale of the Worldgrid unit is a significant move for Atos, potentially allowing the company to focus on core operations and improve its financial health. The transaction value of 270 million euros is substantial, and the expected closure by end-2024 provides a clear timeline for investors.
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