By Mauro Orru

European plane maker Airbus SE has made an offer to acquire a minority stake in Atos SE's cyber business Evidian.

The French IT company said Thursday that Airbus's indicative offer is for a 29.9% stake in Evidian, though there is no guarantee that a deal will be reached.

"Combining Airbus's capabilities with Evidian's global leading position in managed security services and supercomputing would create a unique European actor in cybersecurity solutions and in the digitalization of the defense sector, public safety and critical national infrastructure," Atos said.

Atos said it would conduct a due diligence process, though it doesn't intend to grant any exclusivity to Airbus.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

February 16, 2023 02:50 ET (07:50 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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