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French IT firm Atos falls 12%, faces major share dilution after selecting rescue deal

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This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

Ludovic Marin | Afp | Getty Images

Shares in beleaguered French IT company Atos fell close to 12% on Tuesday after the firm said it had chosen a rescue deal, which is set to result in a major dilution of existing shareholders.

Shares were last down 11.97% as of 9:52 a.m. London time.

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