The descent into hell continues for Atos. In great difficulty, the IT group decided to request “the appointment of an ad hoc representative”. This preventive measure aims to carry out “discussions with its banks with a view to reaching a plan to refinance its financial debt”, indicates a press release published this Monday. On the stock market, the stock plunged by almost 25%.
Furthermore, the company chaired by Jean-Pierre Mustier renounces a capital increase. “Given the evolution of the market context, the conditions for carrying out the capital increase project with preferential subscription rights of 720 million euros are no longer met,” explains Atos, while its stock has lost more than half of its value in six months. This project, which was announced for a total of 900 million euros last August, had already been revised downwards at the beginning of January. He was widely criticized by shareholders, fearing dilution of their shares.