Following the counter-bid on Gemalto by Thales, Atos gives up acquiring Gemalto in accordance with its strict financial discipline policy. This is to be respected. Despite not knowing the content of all the discussions between Atos and Gemalto, and excluding a higher offer price by Thales, we believe that Atos failed on insufficient guarantees for Gemalto’s employees.
18 Dec 2017
Atos gives up on Gemalto
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Atos gives up on Gemalto
Atos SE (ATO:WBO) | 0 0 1.4% | Mkt Cap: 12,966m
- Published:
18 Dec 2017 -
Author:
Hélène Coumes -
Pages:
2
Following the counter-bid on Gemalto by Thales, Atos gives up acquiring Gemalto in accordance with its strict financial discipline policy. This is to be respected. Despite not knowing the content of all the discussions between Atos and Gemalto, and excluding a higher offer price by Thales, we believe that Atos failed on insufficient guarantees for Gemalto’s employees.