Cybersecurity

Billionaire Kretinsky Says He Won’t Boost Eviden Stake After French Concerns

Daniel KretinskyPhotographer: Joel Saget/AFP via Getty Images
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Czech billionaire Daniel Kretinsky will not increase his stake in Atos SE’s big data and cybersecurity business, Eviden, beyond 7.5%, and won’t have any “active role” in the company, his spokesperson said in response to concerns from French lawmakers.

Nearly 80 politicians signed a letter that ran in the newspaper Le Figaro this week, raising concerns that the business, which does work for the military and is developing supercomputing capabilities, could pass out of French control.