What options for Atos after the failure of discussions with Daniel Kretinsky?

by time news

2024-02-28 18:58:51

The Atos site in Angers, where the French manufacturer’s supercomputers are produced. Fourmy Mario / Fourmy Mario/ABACA

DECRYPTION – The breakdown of negotiations on the activities of Tech Foundations increases the pressure on Atos to find a way out of its financial crisis.

A return to square one which Atos would have done without. Six months after announcing their proposed sale, the French group and EP Equity Investment (EPEI), the financial holding company of Czech billionaire Daniel Kretinsky, have officially put an end to their negotiations on the sale of the historic outsourcing activities of the former French technological flagship, grouped together in the Tech Foundations entity.

After months of tense negotiations, the two sides failed to agree on the financial terms of a new deal. Many things have changed since the announcement on August 1, when the conditions and the sale price agreed by Atos in exchange for a 7.5% stake as part of a capital increase of the another entity of the group, Eviden, had triggered the anger of shareholders and a reaction from parliamentarians.

New bases

Since then, Atos has changed governance with the arrival of Jean-Pierre Mustier as chairman of the board of directors…

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