Atos Sale Talks With Kretinsky Stall as IT Firm Faces Debt Wall

Feb. 6, 2024, 3:24 PM UTC

Discussions between Atos SE and Czech billionaire Daniel Kretinsky’s EP Equity Investments around the sale of the struggling French company’s legacy IT services business have hit a roadblock, according to people familiar with the matter.

Atos chairman Jean-Pierre Mustier was due to meet the Czech billionaire the second week of January, but has been postponing the meeting since then, the people said, asking not to be named discussing private information.

Atos began exclusive negotiations with EPEI for the sale of its Tech Foundations unit, which sells outsourced information technology services to big companies, mid last year. The deal outlined ...

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