On paper, the plan seemed to have everything to convince. At the beginning of August, Atos was delighted to have finally found a buyer for its historic and heavily indebted branch, Tech Foundations. The IT group announced that it had entered into “exclusive negotiations” with EP Equity Investment, the fund of Czech billionaire Daniel Kretinsky.
In a statement, the management team said it saw in this agreement “a crucial step in achieving the in-depth transformation” of the company. The plan for splitting up its activities, announced last year when the group of 110,000 employees has been confronted for several years with poor commercial and financial results, was finally going to be able to materialize. Good news after the hard blow of last March, when it was soared the beautiful option of a participation of Airbus.