Atos buys Syntel in U.S. Push for Amex and FedEx

July 24, 2018 – Atos SE agreed to buy Syntel Inc. in a $3.4 billion cash deal to help it get better access to U.S. financial customers like American Express Co. and State Street Corp. Atos said it expects the deal to close by year-end, adding to earnings immediately and providing “double-digit accretion as early as 2019” excluding transaction costs and goodwill.

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