Betaville

UNCOOKED ALERT: Atos said to ... - Part 5

It's taken almost a year but it would appear beleguered France-lised IT services group Atos has struck a deal to sell the less exciting part of the business (Tech Foundations) to a EP Equity Investment, a company backed by Czech tycoon Daniel Kretinsky.

As part of the transaction Atos would do a EURO 900 million capital raise, rebrand as Eviden and then remain a listed company focused cyber security (this is the division that Airbus and others wanted to buy last year)...