Finance
Atos to sell Latin American businesses to Brazil's Semantix
Published by Global Banking & Finance Review®
Posted on December 26, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 26, 2025
1 min readLast updated: January 20, 2026
Atos plans to sell its Latin American businesses to Semantix as part of a restructuring, affecting 2,800 employees across six countries.
PARIS, Dec 26 (Reuters) - French IT company Atos said on Friday it signed a binding agreement to sell its Latin American operations to Brazilian tech company Semantix as part of a broad restructuring plan.
The business to be sold employs about 2,800 people in Brazil, Argentina, Chile, Colombia, Peru and Uruguay, Atos said, without disclosing the financial details of the transaction. It expects to close the deal in the coming months.
The once-mighty French technology company completed a sweeping financial restructuring early this year after financial troubles almost toppled it in 2024.
It has since slashed 2.1 billion euros in debt, with banks and other bondholders becoming the main shareholders of the company. The turnaround plan focuses on asset sales.
(Reporting by Inti Landauro, Editing by Louise Heavens)
Corporate restructuring refers to the process of reorganizing a company's structure, operations, or finances to improve efficiency, reduce costs, or respond to market changes.
A binding agreement is a legal contract that obligates the parties involved to adhere to its terms and conditions, ensuring enforceability in a court of law.
An asset sale involves selling specific assets of a company, such as equipment or business units, rather than selling the entire company, often to raise capital or streamline operations.
Financial restructuring is the process of reorganizing a company's financial obligations, often involving debt reduction, to improve its financial stability and operational efficiency.
An emerging market is a nation with social or business activity in the process of rapid growth and industrialization, often characterized by lower income levels and higher investment potential.
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