Onepoint withdraws from Atos restructuring talks, Kretinsky wants to rejoin

Quick Summary:

:French technology firm Atos said on Wednesday a consortium led by investor David Layani's Onepoint had withdrawn from discussions on its restructuring, but that it still planned to reach a definitive agreement by July.

On Wednesday, the consortium made up of Onepoint, Butler Industries and Econocom confirmed the end of discussions.

In a separate statement, Atos said it had finalized negotiations with France's government to protect the country's "sovereign interests".

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Category: EconomyBusiness

Markets: SingaporeFrance

Topics: Layani Firm Atos Company French Wednesday Government 2024 Onepoint France Consortium

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 16:39:15 (5 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21393137

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