- European aerospace and defense firm Airbus SE EADSY is interested in taking over the cybersecurity business of French software company Atos AEXAY, Reuters reported citing France's BFM TV.
- The report noted that Airbus had been looking into a potential acquisition of Atos over the last few weeks, driven by its interest in cybersecurity, but added that no outright takeover was at this stage on the cards.
- BFM cited another source saying, "(Airbus CEO) Guillaume Faury believes that this topic (Atos) is too complicated given Airbus's interests."
- The report noted Airbus opted against buying Atos as a whole as it had no interest in acquiring the French firm's other activities.
- Price Action: EADSY shares closed higher by 4.29% at $29.64 on Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
