Atos locks in $1.8 billion to fund restructuring plan
French IT services company Atos has announced that a €1.675 billion (an estimated US$1.8 billion) financial restructuring plan could be in place soon, after it acquired funding to cover the initiative and reached a Lock-up Agreement with a group of banks and bondholders. In a release issued yesterday, Paul Saleh, Atos CEO, said the moves…