PARIS (Reuters) – The plan to sell the outsourcing branch of Atos, Tech Foundations, to Czech billionaire Daniel Kretinsky is seriously compromised, reports the daily Les Echos in its edition to be published on Monday.
According to the newspaper, a “last chance” meeting between the two parties is planned in a few days but the probability of reaching an agreement is considered very low.
Faced with significant financial difficulties, Atos has decided to split its historical IT consulting activities and those in cybersecurity.
Tech Foundations, which brings together IT consulting activities, is to be sold to Daniel Kretinsky’s EPEI group, while Atos plans to keep the cybersecurity activities, which bring together the BDS (Big data & security) branch, in a new entity called Eviden.
Atos, however, indicated at the beginning of the month that it had launched a “due diligence” phase with Airbus for the acquisition of BDS for which the European aircraft manufacturer is proposing an enterprise value between 1.5 billion and 1.8 billion dinars. euros.
As for Tech Foundations, Atos CFO Paul Saleh admitted on January 3 that exclusive negotiations with EPEI were “taking a little longer than expected.”
(Written by Claude Chendjou)
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