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TECHNOLOGY: Atos Receives Shareholder And Creditor Support For Safeguard Plan

TECHNOLOGY
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  • Atos secured strong shareholder and creditor support for its accelerated safeguard plan.
  • The plan involves the equitization of EUR 2.9bn in debt and receipt of EUR 1.5-1.675bn in new financing.
  • Results: 100% approval from class 1 interim financial claims, 97.64% from class 2 other financial claims, and 75.03% from shareholders.
  • Final court approval expected in October, with the plan executed between November and January.
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  • Atos secured strong shareholder and creditor support for its accelerated safeguard plan.
  • The plan involves the equitization of EUR 2.9bn in debt and receipt of EUR 1.5-1.675bn in new financing.
  • Results: 100% approval from class 1 interim financial claims, 97.64% from class 2 other financial claims, and 75.03% from shareholders.
  • Final court approval expected in October, with the plan executed between November and January.