Atos Annual General Meeting of June 16, 2020 to be held behind closed doors

Paris, May 25, 2020

In the context of overall health unexpected emergency linked to the COVID-19 epidemic, and in purchase to protect the overall health and the protection of its employees and shareholders, the Atos SE Board of Administrators made the decision, through its meeting held on May 22, 2020, to keep the Once-a-year General Conference of June sixteen, 2020 guiding shut doorways.

In accordance with the actions adopted by the French govt to limit the spread of COVID-19, in particular ordinance no. 2020-321 of March 25, 2020 with regards to the holding of the standard meetings, the Once-a-year General

Read More

ATOS SE launches an employee shareholding plan for 2020

Paris, June two, 2020

Atos SE announces the start of the worker shareholding prepare entitled « Share 2020 » below the framework of write-up L. 225-138-one of the French Business Code (Code de commerce) and article content L. 3332-eighteen et seq. of the French Labor Code (Code du travail). The aim of this prepare is to fortify the Group’s romance with its personnel by providing them the risk of currently being a lot more closely affiliated with the Group’s long run overall performance.

This providing of shares will be designed to all personnel of the Group situated in France, Australia,

Read More

Pier 1 to Liquidate After 58 Years in Business

A bankruptcy court docket choose has accepted Pier 1 Imports’ strategy to completely wind down its operations, sealing the demise of the property furnishing firm following fifty eight many years in business.

As part of the strategy, Pier I will start out an “orderly liquidation” of its remaining suppliers as before long as fairly probable following the suppliers reopen with the easing of coronavirus lockdowns. It will also find to offer all remaining belongings including its intellectual house and e-commerce business.

“This is not the consequence we hoped for when we started [the Chapter 11] method, and we are deeply

Read More

Zynga to Buy Peak Games for $1.8B

Social-gaming firm Zynga has entered into an agreement to invest in Peak Online games for $1.8 billion, the providers reported.

The offer for Peak, a mobile-gaming firm primarily based in Istanbul, will include things like $900 million in funds and about $900 million of Zynga common stock primarily based on the quantity-weighted average closing price tag for every share about the thirty-day investing time period finished May 29, 2020.

The offer is the major at any time commence-up acquisition in Turkey and the 1st valued at a lot more than $1 billion.

“The international stance that Peak has is incredibly

Read More

Libbey Files Chapter 11 Amid ‘Dramatic’ Slump

Libbey, 1 of the world’s most significant makers of glass tableware, submitted Chapter 11 individual bankruptcy on Monday, citing the “unprecedented” impression of the coronavirus pandemic on demand for its items.

The business had been pursuing a restructuring of its harmony sheet even just before the pandemic compelled it to near its factories in Toledo, Ohio, and Shreveport, La., and nearly shut down its restaurant profits channel.

A 7-calendar year, $440 million financial loan was scheduled to experienced very last thirty day period.

But Libbey explained Monday that it had been “unable to offset the steep decline in sales” resulting

Read More