Financial Services Industry
Industry: Email Alert RSS FeedNews in brief: Atos Origin greenshoe exercised.
Financial News, February, 2004
ABN Amro Rothschild and Goldman Sachs mexercised the greenshoe in the sale of shares by Schlumberger, the French oil company, in Atos Origin, the French IT services firm. The banks placed an additional one million Atos shares to increase the deal size from [euro]455m ($566m) to [euro]510m.Schlumberger had received a 28.9% stake in Atos when it sold SchlumbergerSema, an IT unit to Atos last year, when it was advised by ABN and Goldman. Schlumberger retains approximately 14.5% of Atos.
Hong Kong bourse changes listing rules
The Hong Kong stock exchange has amended its listing rules. Applicants with a market capitalisation of at least HK$4bn ([euro]410m) at the time of listing and revenue of at least HK$500m for the most recent financial year do not need...
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