Paris, August 11, 2014
Atos, an international information technology services company, and Bull, the trusted partner for enterprise data, together announced today the successful completion of the tender offer launched by Atos for all the issued and outstanding shares in the capital of Bull. The transaction represents a key milestone in the creation in Europe of a world leader in Cloud, Cyber security, and Big Data.
The Autorité des Marchés Financiers (AMF) published today the outcome of the tender offer targeting Bull's outstanding shares and OCEANEs between June 27 and July 31, 2014 included (report filed on August 11, 2014 under the registration number 214C1660). 103,145,480 shares and 10,792 convertible bonds (“OCEANEs”) were tendered to the offer.
As of the settlement date set on August 18, 2014, Atos will consequently hold 84.25% of Bull's share capital and voting rights based on the total number of shares outstanding as of July 31, 2014, and 18.41% of the company's OCEANEs in circulation. The offer's success was subject to reaching a 50% + 1 share threshold of Bull's share capital and voting rights in accordance with the offer document approved by the AMF on June 24, 2014. This condition was met.
In accordance with the provisions of Article 232-4 of the AMF General Regulation, the offer will be reopened during 10 trading days according to a calendar that will be published soon by the AMF, with the same offer prices of € 4.90 per share and € 5.55 per OCEANE.
This combination will enhance the new entity's #1 position in Cloud services in Europe, create a leader in Big Data, and Cyber security services with over 2,000 dedicated experts and anchor its global leadership in Managed Services and Systems Integration. Complementary technologies will further increase Atos' businesses impact and the relevance of its innovative offerings.
Thierry Breton, Chairman and CEO of Atos said: “The success of the public offer represents a key step in our development project and I warmly welcome among us Bull's 9,200 employees. Thanks to them, Atos enters a new dimension with a stronger positioning in Cloud, Cyber security and Big Data. The new group will also be strengthened in Managed Services and Systems Integration. We can now launch the integration phase without further delay and start reorganizing and regrouping operations to generate the synergies announced.”
Philippe Vannier, Chairman and CEO of Bull Group, commented: “I welcome this outcome. The combination with Atos will give birth to a new industry leader and a recognized IT brand in Europe. The new entity will become #1 in Cloud private services in Europe and one of the key players in cyber security and Big Data.”
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Atos SE (Societas Europaea) is an international information technology services company with 2013 annual revenue of € 8.6 billion and 76,300 employees in 52 countries. Serving a global client base, it delivers IT services in 3 domains, Consulting & Technology Services, Systems Integration and Managed Services & BPO, and transactional services through Worldline. With its deep technology expertise and industry knowledge, it works with clients across the following market sectors: Manufacturing, Retail & Transportation; Public & Health; Financial Services; Telcos, Media & Utilities.
Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. It is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and is quoted on the Euronext Paris market. Atos operates under the brands Atos, Atos Consulting & Technology Services, Worldline and Atos Worldgrid.
Bull is the trusted partner for enterprise data. The Group, which is firmly established in the Cloud and in Big Data, integrates and manages high-performance systems and end-to-end security solutions. Bull's offerings enable its customers to process all the data at their disposal, creating new types of demand. Bull converts data into value for organisations in a completely secure manner.
Bull currently employs around 9,200 people across more than 50 countries, with over 700 staff totally focused on R&D. In 2013, Bull recorded revenues of € 1.3 billion.
The offer document (filed with the AMF on June 24, 2014 under the registration number 14-327) as well as the document detailing the information relating to the characteristics, and in particular the legal, financial and accounting characteristics of Atos are available on the Atos' and AMF's websites (www.atos.net and www.amf-france.org) and can be obtained on demand free of charge from Atos, 80 Quai Voltaire 95870 Bezons and from Rothschild & Cie Banque, 29 avenue de Messine, 75008 Paris.
The offer document in response to the public tender offer initiated by Atos (filed with the AMF on June 14, 2014 under the registration number 14-328) as well as the document detailing the information relating to the characteristics, and in particular the legal, financial and accounting characteristics of Bull are available on the Bull's and AMF's websites (www.bull.com and www.amf-france.org) and can be obtained on demand free of charge from Bull, rue Jean Jaurès, 78340 Les Clayes-sous-Bois.