ALTEN SA (FR:ATE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ALTEN, a global engineering and IT services leader, is in exclusive talks to acquire Worldgrid from Atos, enhancing its position in the energy sector, especially in nuclear services. Worldgrid, known for its expertise in the European energy market, would bolster ALTEN’s offerings with its 1,100 employees and strong client relationships in key regions. The acquisition, pending customary conditions, is slated for completion by the end of 2024, promising a valuable expansion of services to strategic clients.
For further insights into FR:ATE stock, check out TipRanks’ Stock Analysis page.