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France"s Atos to Buy Syntel for $3.4 Billion

The French firm has struck a $3.4 billion deal to buy Michigan-based Syntel, an information-technology company, in a move that would give it access to some of the biggest U.S. financial-services companies......»»

Category: smallbizSource: wsjJul 22nd, 2018

The Wall Street Journal: France’s Atos to buy IT company Syntel in $3.4 billion deal

Atos SE of France has struck a $3.4 billion deal to buy Syntel Inc., a U.S.-based information-technology company, in a move that would give it access to some of the biggest U.S. financial-services companies......»»

Category: topSource: marketwatchJul 22nd, 2018

France"s Atos boosts U.S. presence with Syntel acquisition

French IT services company Atos is boosting its North American operations with a $3.4 billion cash deal to buy Michigan-based IT services provider Syntel Inc ......»»

Category: topSource: reutersJul 23rd, 2018

DXC, one of the region"s largest public companies, receives unsolicited bid to be acquired

DXC Technology Co. has received an unsolicited bid to be purchased by France’s Atos SE for what would be about $6.7 billion. In an announcement Thursday, DXC said Atos made an “unsolicited, preliminary and nonbinding proposal” on Wednesday .....»»

Category: topSource: bizjournalsJan 7th, 2021

Atos to buy Syntel for about $3.57 billion

French IT services company Atos SE agreed to acquire Syntel Inc in an all-cash transaction for about $3.57 billion, including net debt, the companies said on Sunday......»»

Category: topSource: reutersJul 22nd, 2018

Atos to buy Syntel for about $3.57 billion

French IT services company Atos SE agreed to acquire Syntel Inc in an all-cash transaction for about $3.57 billion, including net debt, the companies said on Sunday......»»

Category: topSource: moneycentralJul 22nd, 2018

French IT Firm Expands in U.S. With $3.4 Billion Deal

The French firm Atos has struck a $3.4 billion deal to buy U.S.-based Syntel, an information-technology company, in a move that would give it access to some of the biggest U.S. financial-services companies......»»

Category: smallbizSource: wsjJul 23rd, 2018

: Air France-KLM gets EU approval for $4.7 billion in state aid

French government's shareholding could rise to 29.9% under recapitalization plan......»»

Category: topSource: marketwatchApr 6th, 2021

France unveils 18 bln euro boost for tourism sector

With 95% of its hotels shut, France has unveiled an 18 billion euro boost for its tourism sector, including continued support for furloughed workers. Julian Satterthwaite reports......»»

Category: videoSource: reutersMay 14th, 2020

France"s CMA CGM gets 1.05 billion euro loan partly backed by government

CMA CGM has arranged a 1.05 billion euro ($1.1 billion) syndicated loan to be 70% guaranteed by the French government, the shipping and logistics company announced on Wednesday......»»

Category: topSource: reutersMay 13th, 2020

Digital transformation for life sciences, health care: Q&A with Dassault Greater China managing director Zhang Ying

France-based 3D design, modeling and simulation software developer Dassault Systemes has stepped up promotion of digital transformation for life sciences and health care by acquiring US-based Medidata Solutions at US$5.8 billion in October 2019......»»

Category: topSource: digitimesMay 6th, 2020

EU clears 7 billion euros in state aid for Air France

The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France , saying the support would provide cash to soften the economic shock of the coronavirus pandemic......»»

Category: topSource: reutersMay 4th, 2020

France"s SocGen to provision between 3.5 and 5 billion euros this year: CEO

French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday......»»

Category: topSource: reutersMay 2nd, 2020

Ryanair Is Right About ‘Crack Cocaine’ Airline Bailouts

Air France-KLM and Lufthansa could end up with 20 billion euros of taxpayer cash. How is that fair on better-managed rivals like British Airways?.....»»

Category: topSource: washpostApr 29th, 2020

Ryanair is Right About ‘Crack Cocaine’ Airline Bailouts

Air France-KLM and Lufthansa could end up with 20 billion euros of taxpayer cash. How is that fair on better-managed rivals like British Airways?.....»»

Category: topSource: washpostApr 29th, 2020

At least $9.7 billion in state bailouts for Air France, KLM

The French and Dutch governments announced at least 9 billion euros ($9.7 billion) in bailout money Friday to rescue Air France and KLM, which are fighting for survival as most of their planes are grounded by virus lockdowns around the world......»»

Category: topSource: moneycentralApr 24th, 2020

KLM to receive up to 4 billion euros in financial aid: finance minister

KLM, the Dutch subsidiary of Air France KLM , will receive 2-4 billion euros (up to $4.32 billion) in emergency aid to help it through the COVID-19 crisis, Dutch Finance Minister Wopke Hoekstra said on Friday......»»

Category: topSource: reutersApr 24th, 2020

Air France-KLM wins aid deal, flags likely share issue

Air France-KLM secured 7 billion euros ($7.6 billion) in French government aid on Friday, as the airline industry struggles to survive the coronavirus crisis that has all but halted passenger traffic across much of the world......»»

Category: topSource: reutersApr 24th, 2020

France announces 7 billion euros aid for Air France KLM, working on 5 billion for Renault

The French government will give a 7 billion euros ($7.6 billion) aid package for Air France KLM and is working on an aid deal of some 5 billion euros for carmaker Renault , French Finance Minister Bruno Le Maire told TF1 on Friday......»»

Category: topSource: reutersApr 24th, 2020

Air France-KLM nears bailout with improved guarantees: sources

Air France-KLM is moving towards a 10 billion euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to higher guarantees on loans designed to tide the airline group through the coronavirus crisis......»»

Category: topSource: reutersApr 22nd, 2020

Air France in talks with French govt over emergency funding: Les Echos

Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, which would be guaranteed by France and the Netherlands, French business daily Les Echos reported......»»

Category: topSource: reutersApr 11th, 2020