HomeTechnologyAtos rejects Onepoint's advances...

Atos rejects Onepoint’s advances for its Evidian gem

The file is closed for Atos. The board of directors will not reconsider its decision to abandon Onepoint’s initial bid for its “jewels” of digital and high-tech, cyber security and supercomputing operations. To everyone’s surprise, this French company, which specializes in the technological transformation of organizations, submitted a letter of intent on September 27 to acquire the operations of the future company Evidian, which will be born from the split of Atos, which is scheduled for 2018. End of 2023. On that occasion, Onepoint, an ally of British investment fund ICG, formulated an enterprise value offer of 4.2 billion euros. Net of debt and various liabilities, the actual offering is closer to current capitalization, a source close to Atos said. It is about 900 million euros.

The decision by the Atos board of directors will not only stop further discussion with Onepoint…

Source: Le Figaro

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