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Atos and Syntel are granted CFIUS clearance. All regulatory authorizations obtained for the acquisition
Posted: Mon Sep 10, 2018 11:19:14 AM
 

Bull

Paris, September 10, 2018

Atos SE (EURONEXT:ATO), a global leader in digital transformation, today announced that it has been informed that the review by the Committee on Foreign Investment in the United States (CFIUS) of its proposed acquisition of Syntel (NASDAQ:SYNT) has been completed, and there are no unresolved national security issues with respect to the transaction.

CFIUS was the last outstanding regulatory authorization prior to closing. Antitrust clearance decisions have previously been obtained from antitrust authorities in the United States, Austria, Serbia and India.

The transaction remains subject to approval by Syntelís shareholders at the special meeting scheduled on October 1, 2018. The transaction is then expected to close in early Q4 2018.

 
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