LONDON: France’s Thales is working on a plan to buy the cybersecurity business of IT consulting group Atos, which is worth about $3 billion, despite expectations of the French government’s opposition to the split, sources told Reuters. Thales and his adviser Centerview Partners have approached several private equity firms including Bain Capital to explore a possible joint offer for Atos as part of a deal that could see him break up, the sources said. French defense group Thales will buy the big data and cybersecurity business, known as BDS, they told Reuters on condition of anonymity. Atos shares slumped to...
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