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



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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