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New Deal


Announced

Onepoint to acquire a 70% stake in Evidian from Atos for €2.9bn.

Financials

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Transaction Value£2,634m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

France

Private

Friendly

access management

Domestic

Software

Majority

Pending

Acquisition

Single Bidder

Synopsis

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Onepoint, a consulting company specializing in information technology, agreed to acquire a 70% stake in Evidian, a provider of identity and access management solutions, from Atos, a French multinational information technology service and consulting company, for €2.9bn. "By joining forces, we are convinced that this proposed combination would create value for Atos, onepoint, all of our talents, as well as for our customers and partners. All the conditions are on the table: attractive price, secured financing, ambitious industrial project aligned with Atos' strategic plan. Together, we could preserve our values and build a French technology champion with an international reach. With this offer, we would be able to leverage our ability to serve our customers from end-to-end. This business combination would strengthen France's digital sovereignty by developing the most strategic expertise, particularly in cybersecurity, on French soil. It is also an ambitious project for employment," David Layani, onepoint Founding Chairman.

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