Thread regarding Atos layoffs

ATOS has money to squander hence buying company worth 1.5 billion for 4 billion

ATOS has money to squander hence buying company worth 1.5 billion for 4 billion .

Syntel has client list which contain mostly names of past client who abandoned it due to poor quality and low reliability. Currently there are no major BNFS and insurance accounts and most of revenue comes from logistics and KPO.

How come a comnay which laid off 10000 people in last 3 years and emptied its reserves in the form of dividend and bonus to shareholder and had share value of US$ 18 3 months ago get sold at US $39 unless there is corruption involved in the deal.

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| 1433 views | | 1 reply (July 24, 2018) | Reply
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after the huge layoff in 2015 no one is joining syntel, especially in USA, even existing clients will be lost if ATOS goes with syntel label. it will besuicide for atos as syntel share which wasat 18 dollars six months ago has been artificially boosted to 39 dollars with Negative growth in revenue

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