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Atos, Syntel Merger, CFIUS Grants Clearance

Atos, Syntel acquisition Gets All Regulatory Authorizations Obtained for the Acquisition

atos syntel

Atos’ acquisition of Syntel has been reviewed by the Committee on Foreign Investment in the United States (CFIUS). Atos in its latest official press release cited that the CFIUS found no unresolved national security issues with respect to the transaction.

CFIUS was the last outstanding regulatory authorization prior to closing.

Antitrust clearance decisions have previously been obtained from antitrust authorities in the United States, Austria, Serbia and India.

The transaction remains subject to approval by Syntel’s shareholders at the special meeting scheduled on October 1, 2018. The transaction is then expected to close in early Q4 2018.

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