2024-01-21 16:13:40
Published on Jan 19, 2024 at 5:35 p.m.Updated Jan 21, 2024 at 5:13 p.m.
S&P did not even wait to know the outcome of the negotiations between Atos and Czech billionaire Daniel Kretinsky which should take place next week, according to several sources. This meeting, which concerns the sale of Tech Foundations, the outsourcing activity which is weighing down the IT group’s accounts, is considered to be that of the “last chance”.
The American rating agency, whose verdict was eagerly awaited, announced in a press release this Friday that it was downgrading the company’s credit rating by no less than three notches, from BB- to B-. For non-specialists, this means that Atos’ debt, which was already in the “junk” category, has moved to “highly speculative”.
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