Airbus interested in taking over Atos's cybersecurity business -report

PARIS, March 17 (Reuters) - European aero and defence conglomerate Airbus AIR.PA is interested in taking over the cybersecurity business of French software company Atos ATOS.PA , France's BFM TV said on Thursday, citing sources with knowledge of the matter.

Airbus said it had no comment on market rumours or speculation.

"As a global company we are in constant discussion with our partners, customers and suppliers across the industry - these conversations are private in nature," Airbus said in an e-mail to Reuters.

Atos declined comment, reiterating its BDS cybersecurity business was not up for sale.

By 0810 GMT, Atos shares gained 3%, having risen as much as 4% in early dealings.

BFM, in its report, cited one source as saying Airbus had been looking into a potential acquisition of Atos over the last few weeks, driven by its interest in the field of cybersecurity, but added that at this stage, no outright takeover was on the cards.

"(Airbus CEO) Guillaume Faury believes that this topic (Atos) is too complicated given Airbus's interests," BFM cited one source as saying.

The report added that the group therefore opted against buying Atos as a whole as it had no interest in acquiring the French firm's other activities.

Last month Atos said its cybersecurity arm, BDS, was not for sale after sources told Reuters that French defence company Thales TCFP.PA was working on a plan to buy the business, having approached private equity firms about exploring a joint offer and break-up.

Thales said at the time it would potentially be interested in any cybersecurity activities that were on sale, but that no discussions were under way with Atos.

Reporting by Tassilo Hummel; additional reporting by Tim Hepher, Dominique Vidalon Mattieu Rosemain; editing by Muralikumar Anantharaman and Jason Neely

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.