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IT

Atos completes Siemens IT Solutions acquisition

Sunday 3 July 2011 | 08:31 CET | News
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IT services group Atos and Siemens have completed the transaction pursuant to which Atos has acquired Siemens IT Solutions and Services, the holding company of all Siemens IT activities. The transaction has also been approved by Atos shareholders at the Atos Extraordinary Shareholders meeting on 1 July. Siemens has received shares of Atos representing 15 percent of the share capital of Atos as well as bonds convertible into new or existing shares of Atos representing a nominal amount of EUR 250 million, and a cash payment of EUR 176 million. Roland Busch, member of the Siemens managing board,

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Categories: IT
Companies: Atos Nederland / Siemens IT Solutions and Services
Countries: Europe
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