Atos cuts Wordline stake with complex block, EB combo

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Atos cuts Wordline stake with complex block, EB combo

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Atos, the French IT services and consulting company, has reduced its exposure to Worldline via an intricate transaction involving a share sale, an exchangeable bond and a private placement of stock. In addition to the sale of shares owned by Atos, SIX Group entered into a collar transaction to hedge its exposure in Worldline.

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