the board of directors of the IT group chooses the takeover offer for the Onepoint company

The board of directors of the heavily indebted IT group Atos announced on Tuesday June 11 that it would choose the takeover offer from the consortium led by the French company Onepoint, its main shareholder. This offer was retained to the detriment of that of Czech businessman Daniel Kretinsky, considering it “better oriented in terms of the social interest of society”.

“Atos will work with the Onepoint consortium to reach a definitive financial restructuring agreement which will then be implemented through a dedicated fast-track procedure by July 2024”, explains Atos in a press release. The offer benefits “from the support of a large number of Atos’ financial creditors and thus ensures with greater certainty the conclusion of a definitive financial restructuring agreement”he adds.

Atos, technological pillar of the Paris Olympics this summer, declared that it needed 1.1 billion euros in liquidity for its activity in 2024-2025 and wanted to reduce its gross debt by 3.2 billion euros, estimated at 4 .8 billion euros, to safeguard its activity. After failing to buy the group’s strategic activities in 2022 and becoming the largest shareholder of Atos with 9.9% then 11.4% of the capital at the end of 2023, the boss of Onepoint, David Layani, finally succeeded in his bet to take over the IT giant.