French IT firm Atos receives revised bids from EP Equity and Onepoint consortia for takeover, featuring debt reduction and shareholder dilution.
French IT firm Atos received revised bids from two consortia, EP Equity Investment led by Czech billionaire Daniel Kretinsky and Onepoint led by David Layani, both vying to take over the heavily indebted company. Atos and creditors will choose between the bids this week, with the aim to reach an agreement by Wednesday and finalize the restructuring deal in July. Both proposals involve debt reduction and significant dilution of existing shareholders.
June 03, 2024
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