Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Onepoint"


2 mentions found


Upstart steals march on Atos’s M&A battle
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Sarah Meyssonnier Acquire Licensing RightsLONDON, Nov 2 (Reuters Breakingviews) - Atos (ATOS.PA) may have found a helper, and potential acquirer. Smaller rival Onepoint said on Wednesday that it had bought a 9.9% stake in the ailing French IT company. Mustier is trying to implement a plan devised before he took over, which will see Atos split into two entities. Its 10% stake will have cost no more than 70 million euros. If a 900 million euro rights issue included in the split plan is confirmed, the total outlay for the stake will be about 160 million euros.
Persons: Atos, Sarah Meyssonnier, Onepoint, Jean, Pierre Mustier, Daniel Kretinsky, Mustier, Pierre Briançon, Aston Martin, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, French IT, Airbus, Pfizer, Thomson Locations: Paris, France, French, Czech, Orange, cybersecurity
Airbus drops offer for stake in Atos unit, shares tumble
  + stars: | 2023-03-29 | by ( ) www.reuters.com   time to read: +2 min
PARIS, March 29 (Reuters) - Airbus (AIR.PA) has decided not to make an offer for a minority stake in Atos' soon-to-be spun-off division Evidian, sending shares in the French IT firm down more than 15%. Its shares plunged on Wednesday after news that Airbus was dropping out of the Evidian deal to close 16.75% lower. "Atos takes note of Airbus' decision to no longer pursue the discussions it initiated in February 2023," it said in a separate statement. At that valuation, a 29.9% share stake in Evidian would have a price tag of 1.2 billion euros. Atos rejected last September an unsolicited offer from rival onepoint and UK private equity fund ICG at an indicative enterprise value of 4.2 billion euros ($4.1 billion).
Total: 2