French IT consultancy firm Onepoint has recently raised its stake in Atos to 11.4% and expressed its interest in having three seats on the company’s board. Previously, Onepoint held a 9.9% stake in Atos as of November 1. While it plans to continue acquiring Atos shares, Onepoint has clarified that it does not have any intention of taking control of the company.
In addition to increasing its stake, Onepoint has also stated that the terms of Atos’s planned sale of its Tech Foundations business should be revised to be more favorable. However, Onepoint acknowledges the merit of Atos’s plan to separate Tech Foundations.
Atos had previously announced in August its exclusive talks with EP Equity Investment, led by Czech billionaire Daniel Kretinsky, for the sale of Tech Foundations at a value of 2 billion euros ($2.17 billion). The deal involved receiving 100 million euros in cash and transferring 1.9 billion euros of debt.
In response to Onepoint’s announcements, Atos has expressed its commitment to engaging in a productive conversation with all its shareholders, including Onepoint.