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Stock impact report

French state vigilant about impact of Atos-Gemalto deal on jobs, tech [Reuters]

GEMALTO NV ADR (GTOMY) 
NASDAQ:AMEX Investor Relations: gemalto.com/investors
Company Research Source: Reuters
French state vigilant about impact of Atos-Gemalto deal on jobs, tech | Reuters Reuters Staff 2 Min Read PARIS, Dec 13 (Reuters) - The French government will keep a close eye over the impact on jobs and technology from French tech consulting firm Atos’ proposed takeover of Gemalto, the finance minister said on Wednesday. Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security business and tap into soaring demand for such services in the face of a growing number of attacks on the Internet worldwide. Finance Minister Bruno Le Maire said that while it was up to Gemalto’s board to decide on the offer, the government had concerns. “The first thing is that jobs in the sector are kept in France ... the second thing we must watch is investment and innovation,” Le Maire said during a questions and answer session in the lower house of parliament. “The third thing that the state will be particularly vigilant about is that French sovereignty is kept Show less Read more
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