Atos rejects bid from rival for digital, big data and security units
"All the conditions are on the table: attractive price, secured financing, ambitious industrial project aligned with Atos' strategic plan. Together, we could preserve our values and build a French technology champion with an international reach.
Under the terms expressed by Onepoint, Atos would retain a 30 percent stake in Evidian, which is due to be spun out in 2023. The deal would be financed by a rights issue amounting to €2 billion and by a €2.2 billion further issue of existing debt notes. €4 billion would be deployed over four years to fund the"transformation" of the new group's subsidiaries.
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