French IT Firm Atos Reviews Terms of Sale to Czech Billionaire

Company is mulling further disposals to address maturities
Kretinsky keen to drop Eviden investment, improve terms

Atos headquarters in Bezons, France.
Photographer: Eric Piermont/AFP/Getty Images

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By Irene Garcia Perez and Benoit Berthelot

November 28, 2023 at 1:13 PM UTC

This article is for subscribers only.

French IT services firm Atos is in “advanced discussions” to amend certain terms of the deal to sell Tech Foundations to Czech billionaire Daniel Kretinsky’s EPEI, the company said in a statement on Tuesday.

The firm said it’s assessing debt and equity markets to raise funds, and is also considering further asset disposals to address upcoming maturities. It faces repayment on a €1.5 billion ($1.6 billion) term loan A coming due in January 2025 and €750 million bonds that mature in May 2025.