Atos to launch buyout of last 5% of Bull shares, bonds

Thursday 2 October 2014 | 11:05 CET | News
Atos announced that it will launch a buyout offer followed by a squeeze-out on Bull's remaining shares and Oceane convertible bonds following the settlement of its reopened friendly tender offer at EUR 4.90 per share and EUR 5.55 per Oceane. Atos currently owns 95.56 percent of Bull's share capital and voting rights and 20.25 percent of outstanding Oceanes. The buyout offer and squeeze-out will be made at the same price. Ricol Lasteyrie has been named as an independent expert to assess the financial conditions of the offer and to deliver a fairness opinion. An offer document prepared by Atos

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Atos / Bull
Countries: France
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Atos completes EUR 600 million bond issue

Published 30 Jun 2015 10:34 CET | France
French ICT service  provider Atos completed a EUR 600 million bond issue on 26 June. The 5-year bonds have a 2.375 percent coupon ...

Atos increases revenue 5.9% to EUR 2.21 billion in Q3

Published 07 Nov 2014 09:23 CET | France
French-headquartered global IT services group Atos reported 5.9 percent revenue growth to EUR 2.21 billion in the third quarter, ...

Bull appoints chairman, board members from Atos

Published 20 Aug 2014 10:42 CET | France
French IT equipment and services companies Bull and Atos have announced the appointment of new Bull board members at Bull, ...

Atos's initial tender offer gives it 84.25 percent of Bull

Published 11 Aug 2014 11:15 CET | France
French IT services company Atos has successfully completed its tender offer for all of the issued and outstanding shares in the ...

Atos announces EUR 620 mln takeover bid for Bull

Published 26 May 2014 08:44 CET | France
French-based international IT services company Atos and enterprise data group Bull have announced the intended public offer in ...

Calendar   /   Industry Events

23 Feb RSA Conference
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
28 Feb Freenet Q4 2019
02 Mar Boingo Wireless Q4 2019
02 Mar Maxar Technologies Q4 2019
02 Mar GTT Q4 2019
02 Mar Capacity Middle East
03 Mar HPE fiscal Q1
04 Mar Tech Data fiscal Q4
::: More Calendar Items